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emmasim [6.3K]
4 years ago
12

If the parties do not expressly discharge the old contract when writing a novation, the old contract will be impliedly discharge

d if the new contract's terms are inconsistent with the old contract's terms. True or False?
Business
1 answer:
Ket [755]4 years ago
6 0

Answer:

The correct answer is True.

Explanation:

In law, novation is defined as the modification or termination of a legal obligation or transmission by another subsequent obligation. If it extinguishes an obligation, it is called its own or extinction novation, if it essentially modifies the preexisting obligation, it is called an improper or modifying novation.

The objective Novation is a contract whereby the party extinguishes the original obligation by replacing it with a new obligation with a different purpose or title. The institution in question apparently has the category of way of extinguishing the obligations, particularly in the unsatisfactory way as long as it does not fulfill the interest of the creditor. The debit is extinguished, but the credit was not satisfied.

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otez555 [7]

Answer:

The answer is <u>KS 1.01/EB</u>.

Explanation:

This is an example of a cross rate.

Cross rate refers to an exchange rate between two currencies that is calculated based on the exchange rate of each of the two currencies to a third currency.

For this question, the cross rate KS/EB will be estimated by reference the US dollar which is third currency. This can be calculated by simply dividing the KS 1.4/$ by the E B1.39/$ as follows:

KS/EB = 1.4 / 1.39 = 1.01

That is, the answer is <u>KS 1.01/EB</u>.

4 0
4 years ago
How has technology fragmented the audience for sports and entertainment commodities?
Rufina [12.5K]

Answer:

Actually, technology has allowed marketing in sports to become much more specialized and reach a much more targeted segment. For example, tv stations showing many kinds of  sports at one time and social media followings for specific sports.  Fragmented audience is a crucial challenge because if something is done that the audience perhaps doesn't like then there are no other segments to rely on for support. It is an opportunity because it allows the marketers to gear their strategies to a small audience and develop better PR and customer loyalty.

6 0
3 years ago
Read 2 more answers
Real estate is an attractive investment because it
Nookie1986 [14]
The answer would be D. provides the security of a place to live in retirement.

We can rule our option A , because even though its true, it's not the reasons that attract investor

We could rule out option b because real estate need a couple of years before it turned into profit

We can rule out option c because real estate need a large amount of equity


7 0
3 years ago
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OKRs can be executed in stages. The first stage would be keyed to a deadline and then then once the project is completed and run
DerKrebs [107]

Answer:

b) false

Explanation:

OKR is a goal-setting method used by companies. It is impleemented using following steps

  • Communicate the OKR
  • Choose a tool used for OKR
  • Organize the Company's OKR
  • Set the company's OKR
  • Set every single OKR for teams, departments and Individuals
  • Make the changes in OKR if required
  • Approve the OKR
  • Evaluate the OKR at each period end.

So, the OKR cannot be implemented in a single step and it requires multiple steps.

Hence the given statement is false.

4 0
3 years ago
Land acquired so it can be resold in the future is listed on the balance sheet as a(n)
olga nikolaevna [1]

Answer:

investment

Explanation:

An investment is a commodity or object purchased for the purpose of producing revenue or development. In a financial sense, an investment is really the buying of products which are not used now but used for wealth creation in the forward.

In finance, investment is a capital commodity acquired with the expectation that the commodity provides income in retirement or is being sold for profit at a better price later. In other terms, Investment is really the concept of putting capital to work to create or grow a company or plan or to acquire an estate, with the purpose of generating income or capital growth.                        

6 0
3 years ago
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