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3 years ago

If a contract term is ambiguous a court can consider extrinsic evidence a. True b. False

2 answers:

6 0

If a contract term is ambiguous a court can consider extrinsic evidence. True. If there is a contract drawn up, it is important to make sure the terms and in black and white and not ambiguous. Ambiguous means that there can be more than one interpretation of something or having a double meaning. This can be harmful in a court case because different people may understand the contract differently. Extrinsic evidence is outside, external evidence that is not usually used to make a determination of a situation.

Gnoma [55]3 years ago

3 0

The correct answer is true. It is because if the contract term is likely ambiguous, the court will likely consider this as an extrinsic evidence or that the ambiguity is likely to be interpreted against the party who is responsible for drafting the term.

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Ariel, a federal government employee, works in acquisition and procurement. Federal policies require that in contracting with su

Rus_ich [418]

Answer:

Programmed decision

Explanation:

The programmed decision is the decision which are taken on a daily basis or we can day to day basis or routine basis. It is likely for solving the structured problems

In the given case, since minimum three bids are received and the bid who has less value meets the specification that results in an acceptance

Therefore this case is of Programmed decision

3 0

2 years ago

How much must harry's hardware deposit at a 14.5% annual interest for 240 days in order to earn $500 in simple interest?

marissa [1.9K]

To get the formula for the principal, we will use the formula for the interest and derived it from there:

I = Prt is the equation then it will be P = I /rt since we are looking for the principal.

P = I /rt

= $500 / (0.145 x 240/360)

= $500 / 0.0967

= $5170.63

To check:

I = Prt

= $5170.3 x 0.145 x 240/360

= $499.8 or $500

5 0

2 years ago

Read 2 more answers

Producer surplus equals the Group of answer choices amount received by sellers minus the amount paid by buyers. value to buyers

kvv77 [185]

Answer:

Option D amount received by sellers minus the cost to sellers.

Explanation:

The producer surplus is the difference between the amount that the seller actually received and the amount the seller wants to receive.

Producer Surplus = Amount actually received by the seller - Amount the supplier wants to receive

All the remaining options discusses buyer influence which shows that these are totally incorrect and the only option that is correct is option D.

7 0

3 years ago

Three goods or services provided by the government

Furkat [3]

Answer:

public education, fire protection, police services,

7 0

2 years ago

Read 2 more answers

Owens Corning has total assets of $800,000, long-term debt of $240,000, stockholders' equity of $350,000, and current liabilitie

Artyom0805 [142]

Answer:

$50,800

Explanation:

Increase in assets = Current Assets * Percentage change in sales = $800,000 * 20% = $160,000

Increase in current liabilities = Current liabilities * Percentage change in sales = $210,000 * 20% = $42,000

Increase in retaned earning = Increased sales*Profit Margin*Retention ratio = $1,000,000*120%*8%*(1-0.30) = $67,200

External financing need = Increase in Assets - Increase in liabilities - Increase in retained earning

External financing need = $160,000 - $42,000 - $67,200

External financing need = $50,800

5 0

2 years ago