Answer:
C: Mutual Assent.
Explanation:
Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.
Hence, the criteria that parties to a contract must be in agreement is also known as mutual assent.
<em>In a nutshell, mutual assent connotes agreement, acceptance and consent to a contract by both parties. </em>
Answer:
The letter D. Assumption of the risk.
Explanation:
I believe the Best-of-the-Rest company is reliable for the quality of the products it produces and resells. Trading food is very dangerous because it needs a very close surveillance by the owner and supervision. A part of a mouse ear at the bottom of the can may have been overlooked in the packaging. Alternatively, it may have been posed by someone with bad intentions to undermine the company's credibility. Everything is possible.
Answer:
Are; investment
Explanation:
Ford produces 100,000 cars this year and only sells 95,000. The 5,000 cars that are not sold are listed in investment category of GDP
Gross Domestic Product(GDP) is the measures of the value of economic activity in a country during a period of time. It is the monetary value of all finished goods and services made within a country during a specific period.
GDP is a number that expresses the worth of the output of a country in local currency. It is a tool which guides policymakers, investors, and businesses in strategic decision making.
GDP can be calculated using the following method
1. Income method
2. Expenditure method
3. Production method
Answer:
The Price of Bond today = $997.07
Explanation:
Semi annual coupons = $1000 * 5% / 2
Semi annual coupons = $25
As 9 months is already over in the two year bond, the coupons are payable
3 months from now, 9 months from now and 15 months from now.
The present value of all these coupons and the principal should be equal to the price of the bond today. In case of continuous compounding, the formula for Present Value of any future Cash flow C is C*e^(-r*t).
Price of Bond = $25 * e^(-0.06*3/12) + 25*e^(-.061*9/12)+ 1025*e(-0.062*15/12)
Using the value of e as 2.71828
Price of Bond = $25 * 2.71828^(-0.06*3/12) + 25*2.71828^(-.061*9/12)+ 1025*2.71828(-0.062*15/12)
Price of Bond = $
25 * 2.71828 ^-0.015 + 25*2.71828^-0.04575 + 1025*2.71828^-0.0775
Price of Bond = $
25 * 1/2.71828^0.015 + 25*1/2.71828^0.04575 + 1025*1/2.71828^0.0775
Price of Bond = $997.07
Answer: Bribery.
Explanation:
Bribery is a legal offense which involves giving or demanding for some form of valuables so as to gain favouritism or influence a situation in someone's else favour. Giving or accepting bribes while discharging one's duty as a government official or public office holder is said to be a form of corrupt practices, this could come as a form of gift, money, goods, property, contract award, etc.
Bribery is a crime in which when committed all parties involved are liable to being charged. Bribery harbours other vices such as fraud, cheating, partiality, power abuse, collusion, cartels, etc.
