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kykrilka [37]
2 years ago
9

An honest effort to meet both the spirit and letter of the contract is termed Group of answer choices reasonable circumstances.

sole discretion. honest representation. good faith.
Business
1 answer:
Katarina [22]2 years ago
8 0

An honest effort to meet both the spirit and letter of the contract is termed, Good Faith.

<h3>What is a Good Faith?</h3>
  • Good faith (bona fides) in human interactions refers to a real intention to be fair, transparent, and honest, regardless of how the encounter turns out.
  • With bona fides, however, this is not the case; it is still extensively used and interchangeable with its widely-accepted contemporary English translation of "good faith," unlike certain Latin expressions that have lost their literal meaning over the years.
  • It is a crucial idea in both law and commerce. Bad faith, mala fides (duplicity), and perfidy are the opposing ideas (pretense). Bona fides is a modern English term that is interchangeable with credentials and identification.
  • The expression, which occasionally appears in job postings, should not be mistaken for genuine occupational requirements or the employer's good faith attempt.

To know more about Good Faith refer to:

brainly.com/question/16004535

#SPJ4

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If the exchange rate for Canadian and U.S. dollars is 0.92777 to 1, this implies that 13 Canadian dollars will buy ____ worth of
Mazyrski [523]

Answer:

U.S. dollars = 14.012 U.S. dollars

Explanation:

Below is the exchange rate:

0.92777 Canadian dollars = 1 U.S dollars

Thus to find the amount of U.S. dollars bought from the 13 Canadian dollars, just divide the 13 Canadian dollars from 0.92777. Therefore the resulting answer will be the U.S. dollars.

U.S. dollars = 13 / 0.92777

U.S. dollars = 14.012 U.S. dollars

8 0
3 years ago
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6 lollipops.
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5 0
4 years ago
What is a negative externality? Group of answer choices 1. Harm from economic activity that affects persons not involved in the
alukav5142 [94]

Answer:

Option 1 is correct.

Explanation:

There are two types of externality:

(i) Negative externality

(ii) Positive externality

Negative externality:

Suppose there is an economic transaction initiated between the two partners and this transaction reduces the consumption of third person, then this is known as the negative externality.

For example: Smoking is one of the example of negative externality. Smoking a cigarette is not only present in the consumption bundle of a person who smokes but it also affects the health of the other person who stands near that person. So, it reduces the consumption of non smoker.

3 0
3 years ago
According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to bo
professor190 [17]

The statement, "According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to boost the company's reported revenues. This is not prescribed as an ethical business practice." is True .

Option a

<u> Explanation: </u>

To thrive in the competitive world of business one has to have ethics in doing business.  By doing ethical practices in the business it will boost the image of the company before the customer and it will be helpful for them to compete in the market.

From the above statement even though it is the world's largest software company it has backdated the projects contracts period to show better performance in the revenues.

Even though the project are genuine but the moral responsibility in reporting revenues  to the investors take taken a dent by doing an unethical thing.

6 0
3 years ago
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