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Strike441 [17]
2 years ago
11

Once an agreement has been reached, the person for whom a contingency has been inserted cannot: refuse to exert due diligence to

cause the contingency to be satisfied within the time specified in the contract. agree to perform the balance of the contract even though the contingency has not been satisfied.
Business
2 answers:
Molodets [167]2 years ago
8 0

refuse to exert due diligence to cause the contingency to be satisfied within the time specified in the contract.

<h3>What is contract?</h3>

A contract is a legally binding agreement that establishes, defines, and governs the mutual rights and obligations of its parties. A contract usually involves the exchange of goods, services, or money, or the promise to exchange any of these at a later date.

The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.

A contract for difference (CFD) is a contract between a buyer and a seller in which the buyer agrees to pay the seller the difference between the current value of an asset and its value at the time of the contract.

To know more about contract follow the link:

brainly.com/question/984979

#SPJ4

pochemuha2 years ago
8 0

Explanation:

refuse to exert due diligence to cause the contingency to be satisfied within the time specified in the contract

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Sonja [21]

Answer:

when you are making your question, their should be a little paper clip looking thing in the bottom corner, click on it and you can add your picture of get a picture form your camera roll, or file on your computer

Explanation:

I hope this helps

3 0
3 years ago
Read 2 more answers
If a nation exports much of its output but imports little, will it be better or worse off?
Anna007 [38]
I think it woul be better off. Exporting goods makes more money that importing them because you are making goods to be sold in other countries. Importing goods from other countries generally means people have to spend more due to shipping and handling.
6 0
3 years ago
If Wal-Mart were to decide to enter the automobile distributor business, this would represent a monumental shift in that industr
nata0808 [166]

Answer:

The correct words, that fills the gaps are: driving force, competitive

Explanation:

Even when it is important to judge what stage of growth an industry is in, it is better to identify the factors that cause fundamental adjustments in the industry and competition. Industry conditions and competition change because forces are in motion that create incentives or pressures for change. The dominant forces are known as driving forces, because they have the greatest influence on the kind of changes that will take place in the structures and environment of the industry.

7 0
4 years ago
Read 2 more answers
On April 15 of the current year, a fire destroyed the entire uninsured inventory of a retail store. The following data are avail
alexdok [17]

Answer: a. $120,000.

Explanation:

The inventory lost can be calculated by;

= Opening inventory + Purchases - Cost of Goods sold

Cost of goods sold = Sales - Markup on price

= 600,000 - (600,000 * 25/125)

= 600,000 - 120,000

= $480,000

Inventory lost = 100,000 + 500,000 - 480,000

= $120,000

6 0
3 years ago
7. Kraft Company expects to give a dividend of $2 next year. Dvidend increases by 4 per cent require a 12% return. What will be
Nat2105 [25]

Answer:

$28.125

Explanation:

Dividend D1= $2

(Dividend is given at the end of 1 year)

Growth g= 4% or 0.04

Required Return r = 12% or 0.12

Step1- Share price of company A today

As per Dividend Growth Model

Share price =Expected dividend/(required return - growth rate)

S0 = Do(1+g) / (r-g)

S0 = D1/(r-g)

S0 = 2/(0.12-0.04)

S0 = $25

Therefore share price of company A today for given details will be $25

Step2 - Expected dividend at the end of 3 years

D4=D0(1+g)^4

( as we already have D1 which is one time growth multiplied, therefore to find dividend at the end of 3rd year we will multiply 1 Less growth multiplier to D1)

D4= D1(1+g)^3

D4 = 2(1+0.04)^3

D4 = $2.25

Step3 - Share price of company A in 3 year

Share price =Expected dividend/(required return - growth rate)

S3 = D4/(r-g)

S3 = 2.25/(0.12-0.04)

S3 = $28.125

Therefore share price of company A in 3 years for given details will be $28.125

7 0
3 years ago
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