a) While excavating, the Contractor hits a rock layer. Since the plans and soil report did not mention such rock, the contractor
files a claim under: i. Force majeure. ii. Differing site conditions. iii. Design errors/omissions. iv. Unusual weather conditions. v. Changes in owner’s requirements.
A differing site condition is a condition that has been changed. Since the plan did not mention this rock, the contractor can file a claim under this.
It is a hidden physical condition that is discovered at a site which is actually different from what was expected. It can also be regarded as unforeseen site condition.
Based on the information provided within the question it can be said that in this scenario Jim is using the function of planning in order to determine this. The planning management function focuses on thinking ahead in order to set things into motion so that everything functions accordingly and efficiently in the future. Which is what Jim is doing by stating that in order to increase the production by 20% like they need, they have to hire 10 new employees.
Answer: Trading on the NYSE is accomplished through a set of registered dealers who are connected by a computer network
Explanation:
The New York Stock Exchange (NYSE) maintains a physical trading floor and functions as an auction market. Individuals here buy and sell between each other not through dealers. There is also an auction where the highest bidding price will be matched with the lowest asking price.
Trading is therefore not done through registered dealers on a computer network.
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