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Savatey [412]
2 years ago
8

When comparing contracts in common law and civil law systems, it can be said that:________ a. contracts drafted under a civil la

w system tend to be more specific than those drafted under a civil law system. b. resolving contract disputes tends to be less adversarial in common law systems than in civil law systems. c. civil law systems allow for judges to interpret a contract dispute, but this feature is absent in common law systems. d. contracts drafted under a common law system tend to be longer than those drafted under a civil law system. e. it is more expensive to draw up contracts in a civil law system than in a common law system
Business
1 answer:
blagie [28]2 years ago
4 0

Answer:

d. contracts drafted under a common law system tend to be longer than those drafted under a civil law system.

Explanation:

Common law can be defined as a set of unwritten laws which are primarily based on precedent court decisions, tribunal decisions and customs and are usually employed in similar court judgments and rulings that cannot be determined by existing statutes.

On the other hand, civil law can be defined as a set of law which regulates private or personal matters such as family matters, marriage, property, contracts etc.

When comparing contracts in common law and civil law systems, it can be said that contracts drafted under a common law system tend to be longer than those drafted under a civil law system because the drafters of contracts under civil law are able to rely on codified and standard default rules.

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he appropriate discount rate for the following cash flows is 8 percent compounded quarterly. Year Cash Flow 1 $700 2 700 3 0 4 1
rewona [7]

Answer:

Thus, the present value is $2045.52.

Explanation:

Use the below formula to find the present value:

Present value = FV ÷ (1 + r/4)^(n*4)

Present value :

=\frac{700}{(1 + \frac{0.08}{4} )^{1 \times 4} } + \frac{700}{(1 + \frac{0.08}{4} )^{2 \times 4} } + \frac{0}{(1 + \frac{0.08}{4} )^{3 \times 4} } +\frac{1100}{(1 + \frac{0.08}{4} )^{4 \times 4} } \\ \\= \frac{700}{1.0824}+\frac{700}{1.1716} +0+\frac{1100}{1.3727} \\= 2045.52

Thus, the present value is $2045.52.

4 0
2 years ago
Which of these effects of expansionary spending would a government most want to avoid?
lina2011 [118]

Answer: B.) Higher inflation on Ed2020

Explanation:

higher inflation growth in production growth in consumer spending.

5 0
2 years ago
During a liquidation, capital deficiency means that at least one partner has a (debit/credit) balance in his or her capital acco
photoshop1234 [79]

During a liquidation, capital deficiency means that at least one partner has a (debit/credit) balance in his or her capital account at the point of final cash distribution, which means that debit ( deficiency means partner has debit in capital).

<h3><u>What is liquidation of capital ?</u></h3>
  • In the fields of finance and economics, liquidation refers to the process of closing down a firm and distributing its assets among claimants.
  • It is an occurrence that typically takes place when a business is bankrupt, or unable to make its debt payments on time.
  • As business activities come to an end, the residual assets are distributed to shareholders and creditors according to the order of priority of their claims. General partners might be dissolved.
  • The sale of subpar goods at a price below what it would cost the company to produce them or below what the company would want to charge is referred to as "liquidation."

To view more questions on Liquidation, refer to: brainly.com/question/23987428

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7 0
1 year ago
Deciding on a specific course of study in college typically involves choosing blank
7nadin3 [17]

Answer: i think a career path

Explanation:

6 0
1 year ago
All of the following items should be considered when setting an export price
ludmilkaskok [199]

Answer:

<h2> D. Repatriation restrictions should not affect the prices of commodities</h2>

Explanation:

Repatriation  has to do with the conversion of foreign currency to home based currency. this is done in a bid to carry out international transaction effectively

while these items affects the prices of export

A. The tariff rate and value-added tax.

B. Transportation costs.

C. Prices of substitutes in foreign markets.

4 0
3 years ago
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