1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
saul85 [17]
2 years ago
9

If a contingency in a purchase agreement is not fulfilled despite a good faith effort to fulfill it, the party who benefits from

the contingency may?
Business
1 answer:
Usimov [2.4K]2 years ago
8 0

If the purchase agreement is not fulfilled or if the contingency isn't always fulfilled, terminate the settlement or eliminate the contingency and complete the acquisition besides.

There are contingencies in nearly every actual estate contract. they are there to guard the buyer and the vendor. If the contingencies aren't met, there might be a breach inside the settlement, and the transaction may want to fail to shut.

The contingency specifies a release date on or before which the purchaser ought to notify the vendor of any troubles with the appraisal. otherwise, the contingency might be deemed happy, and the customer will now not be able to back out of the transaction.

A buy settlement is a sort of agreement that outlines phrases and conditions associated with the sale of products. As a legally binding agreement between customer and vendor, the agreements commonly relate to buying and promoting goods in place of offerings. They cover transactions for nearly any sort of product.

Learn more about purchase agreement here:-brainly.com/question/10453194

#SPJ1

You might be interested in
A purely competitive industry has a very ______ number of sellers, whereas the other three market structures reflect a progressi
andrezito [222]

A purely competitive industry has a very <u>large </u>number of sellers, whereas the other three market structures reflect a progressively <u>smaller </u>or <u>decreasing </u>number of sellers.

What are three examples of a market that is only competitive?

Agrarian goods like corn, wheat, and soybeans are excellent examples of a market that is purely competitive. Monopolistic competition is similar to pure competition in that it has few barriers to entry and many suppliers.

What exactly is a product whose market is only competitive?

The characteristics of a market with pure competition the products that are sold are identical. Every seller is the same. It is simple for new businesses to enter the market. Products are priced according to what customers are willing to pay.

Learn more about market structures here:

brainly.com/question/8650428

#SPJ4

7 0
1 year ago
Which of these government policies pursues the economic goal of equity?
Fudgin [204]

"Providing welfare benefits" government policies pursues the economic goal of equity.

<u>Option:</u> B

<u>Explanation:</u>

To ensure economic stability the government offers welfare benefits for the vulnerables. Welfare benefits are federal programs supported by the government for the families and individuals who need such assistance. Welfare benefits include reimbursement for unemployment, food stamps and support for health care. There seem to be six significant welfare programs in the United States. These include

  • Temporary Assistance for Needy Families (TANF),
  • Medicare,
  • Supplemental Nutrition Assistance Program (SNAP or food stamps),
  • Supplemental Security Income (SSI),
  • Earned Income Tax Credit (EITC), and
  • Housing Assistance.
4 0
3 years ago
Read 2 more answers
Walmart reduced waste in packaging by 3,500 tons by __________.
mash [69]
Walmart noticed that the packaging in some of their products only led to waste. Based from this observation, Walmart established a new policy requiring its toy suppliers to reduce the packaging of their products by one square-inch. Just from this reduction alone, Walmart's waste from packaging alone decreased by 3,500 tons. 
6 0
3 years ago
Opportunity costs are not found in accounting records because they are not relevant to decisions.
Sergio [31]

The following statement "Opportunity costs are not found in accounting records because they are not relevant to decisions" is false.

The opportunity cost is the time spent learning and the money that might have been used for something else. When a farmer decides to grow wheat, there is an opportunity cost associated with not doing so or using the resources in another way (land and farm equipment).

The apparent advantage of not selecting the next best alternative when resources are limited is what is commonly referred to as opportunity cost. Opportunity costs are not just monetary or financial expenses. An opportunity cost is also the real price of missed productivity, time, or any other for-profit gain.

To know more about Opportunity Costs here

brainly.com/question/28347796

#SPJ4

6 0
1 year ago
When private ownership rights are well-defined and enforced, owners of physical assets and resources
sukhopar [10]

Answer:

b. incur the opportunity cost of ignoring the wishes of others.

Explanation:

Opportunity cost in economics is seen as the forgone cost of doing something.

So in this instance where private ownership rights are well defined, everyone knows what is his own and what belongs to others.

The opportunity cost of this will be to ignore the wishes of others. They must now consider the wishes of others.

8 0
3 years ago
Other questions:
  • A city acquired two vehicles in a particular year: (1) a sedan for $20,000 that was paid for through the General Fund and (2) a
    12·1 answer
  • Which statement best describes how you use email?
    9·1 answer
  • On January 4, 2013, Franc Company purchased for $27,000 a patent that had been filed 8 years earlier. The patent covers a manufa
    15·1 answer
  • Secured debt means a lender gives you money in exchange for what?
    6·1 answer
  • conduct a research on a successful south african entrepreneur. write an essay which you include the following: background, rise
    13·1 answer
  • .............................................................................
    12·1 answer
  • Suppose there are three factories in Macroland and the following occurred in 2019: Metal, plastic and a car factory. Metal facto
    15·1 answer
  • Arbitrage means taking advantage of temporary differences in market prices to make a profit. Assume two real estate companies, A
    7·1 answer
  • The following transactions occurred during the month of June 2021 for the Stridewell Corporation. The company owns and operates
    15·1 answer
  • If price paper spends an additional on advertising, sales volume should increase by units. what effect will this have on operati
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!