1. The law does not allow a person who becomes involuntarily incapacitated to escape his contractual responsibilities, they must be fulfilled unless it is proven that the disability does not permit full compliance under any circumstances.2. The statutory statutes of contractual responsibilities take into account whether a person is incapacitated or not. At the time of compliance with these statutes, the parties concerned must be aware of any inconvenience.If the disability arises after a contract has been signed, there are laws that govern according to the type of contract, the facts under which there are conflicts and the type of disability that exists, as well as the time it originated and its causes.
Answer:
F. C and D only
Explanation:
Financial Literacy
This is when an individual or person possesses the skills, techniques and knowledge that allows him/her (the individual or person) to make informed and efficient decisions with all of their financial resources. It is the ability to understand how money works. This includes, how individuals make money, manage it and invest it properly. Financial skills possessed by a financial literate includes budgeting, personal financial management, investment, expenditure and so on.
Understanding assumptions and estimates of plant managers and creating a firm financial statement are NOT part of the indicators for financial literacy.
Answer:
MedBit Inc. is a joint venture company.
Explanation:
A joint venture is an entity established by two or more existing entities for a purpose.
Medzone Inc. and Bit Corp will jointly share from the business outcomes of this third entity, which is legally separate from the two.
Reasons for forming joint venture companies include to combine expertise, reduce costs, and leverage resources. Medzone Inc. and Bit Corp must have considered these advantages in setting up MedBit Inc.
The purpose of all ventures is the creation of value for stakeholders. Where two or more entities consider that they can achieve more value creation, they can come together to do so.
Answer: E. industrial products salesperson.
Explanation:
Blank aluminium is used in the production of many goods such as cars and planes and as such is yet to be converted for final use for the consumer which makes it an industrial good to be sold to industries.
James as a sales person for blank aluminium will therefore qualify as an industrial products salesperson.
