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
zysi [14]
4 years ago
15

Antonio owns property on which a gasoline station once stood. Josh agrees to buy the land so that he can build an office on it.

They include language in the contract making the purchase contingent on a determination that there are no environmental problems with the property. The contingency representsa. a condition subsequent.b. a concurrent condition.c. an implied condition.d. a condition precedent.
Business
1 answer:
lbvjy [14]4 years ago
8 0

Answer:

The correct answer is letter "D": a condition precedent.

Explanation:

Condition precedents are certain conditions that must be met or provided so that an agreement or contract can be signed. Structurally speaking, a condition precedent implies "A" action must take place so that action "B" can happen. In that case, "A" represents the condition precedent.

You might be interested in
On January 1, 2021, Weaver Corporation purchased a patent for $252,000. The remaining legal life is 20 years, but the company es
Snowcat [4.5K]

Answer:

Explanation:

the file attached shows the whole solution

Download docx
8 0
4 years ago
We first knew them as the cute, loving characters on Full House, but today Mary-Kate and Ashley Olsen are not only the character
vfiekz [6]

Answer:

licencing

Explanation:

Based on the information provided within the question it can be said that this scenario is an example of the branding concept known as licencing. This term refers to an agreement to let another company to produce or market the brand or product from the original owner. In exchange for doing so the original owner receives royalty payments.

8 0
3 years ago
1. Rosa Green estimates the cost of future projects for a large contracting firm. Rosa uses precisely the same techniques to est
-BARSIC- [3]

Answer:

1) a. True

Rosa is almost always right when she knows that her company is a monopoly, i.e. has no competition, but is generally wrong when her company has to compete with other contractors. It is simple, a monopolist can decide which markup percentage to use, and can use a really high one, but when competition exists, markups are not so high and profits not so abundant. That is why she almost always gets it wrong when having to deal with other competitors.

2) a. False

The winner's curse usually happens when someone wins a bid over some contract or asset, but then they realize that the actual price of the contract or asset was lower than the bid. E.g. in an auction, two people are fighting over to see who buys an antique car which increases the price of the car way beyond the real market value. But it can also happen to a company that offers very low prices, and then after they won a contract, cannot perform properly because their actual costs are higher.

When a company makes an offer, they are certain about the price of the contract and they should know the value of the services or goods that they are offering. If Rosa underestimates her costs, and prepares her offer using unrealistically low costs, then she will probably win the bid but end up losing money.

3 0
3 years ago
Omega, Inc. is considering international expansion and wants to know if it is likely to command a high price for its fitness pro
baherus [9]

<u>Answer:</u> Option C

<u>Explanation:</u>

International expansion is a strategy where the organizations enter into global markets for the benefit of making quick profits and business development in new segments. Omega Inc can fix higher prices when their products provide a greater value to the customers in that foreign market.

In the other given situations the company cannot fix a higher price for the fitness products in foreign market. Other situations given are easily available products, low expected sales volume and low price of the competitors.

7 0
4 years ago
Dawson Electronic Services had revenues of $80,000 and expenses of $50,000 for the year. Its assets at the beginning of the year
mash [69]

Answer:

See below

Explanation:

Given the above information

Return on assets = Net income / Average total assets

Net income = $98,000

Average total assets = ($409,000 + $459,000) / 2 = $434,000

= $98,000 / $434,000

= 22.58%

Therefore, return on assets = 22.58%

8 0
3 years ago
Other questions:
  • Recently Tanveer switched jobs from a large firm to a medium-sized firm. As one of four project managers at the new firm, Tanvee
    12·1 answer
  • Simulation results help us to make decision recommendations for the controllable inputs that address not only the _______ output
    7·1 answer
  • In terms of the number of contracts as well as the dollar volume, what kind of contract constitutes the largest class of contrac
    11·1 answer
  • A letterhead is similar to a logo in that:
    14·1 answer
  • Reagan Corp. acquired one hundred percent of Ford Inc. on January 1, 2016, at a price in excess of the subsidiary's fair value.
    11·1 answer
  • ---is the process of continually collecting information from the external marketing surroundings.
    6·1 answer
  • You believe that stock prices reflect all information that can be derived by examining market trading data such as the history o
    10·1 answer
  • A pharmaceutical company purchased a patent for a new drug October 1 for $8,000,000. The remaining legal life of the patent is 1
    5·1 answer
  • A survey conducted recently in China showed that in the last two years, Investments in the businesses increased by almost 75%. T
    15·1 answer
  • The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!