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AfilCa [17]
2 years ago
13

What’s the term for a condition that must be met before closing? Contingency Exclusion Line item Option

Business
1 answer:
Rashid [163]2 years ago
6 0

Answer:

Contingency

Explanation:

A contingency clause is a condition stipulated in a purchase agreement that must be met before the closing date. Contingencies are normally included in the purchase of properties such as homes and land.  A contingency or condition usually relates to issues to do with financing, insurance, appraisal, or financing.  A contingency becomes part of the sales contract should the buyer, and the seller agree on the other terms.

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Mason and Chenoa orally agree to a contract in which Mason will replace the fixtures in Chenoa’s bathroom. In exchange, Chenoa a
Alex Ar [27]

Answer: Quasi-contract

Explanation:

The quasi-contract is one of the type of retroactive agreement between the two parties and this contract is basically created for the purpose of manage the various types of circumstances such as unjust enrichment regarding the various types of products and the services.

 The quasi contract is basically created by a judge in the court too avoid all the conflicts in the party so that both the parties manage their expenses accurately.

 According to the given question, Mason can seek the recovery on the basis of the quasi-contract between the Chenao and Mason exchange agreement. Therefore, Quasi-contract is the correct answer.  

8 0
2 years ago
Sports​ Medicine, Inc., offers two types of physical exams for​ students: the basic physical and the extended physical. The char
kramer

<em>Explanation</em>:

Second Quarter Sales budget

<u>Forecasted Physical Exam. (Basic at $95 per exam and Extended at $150)</u>

July

Basic > 240 =95*240=23,040

Extended > 165 = 150*165=25,200

August  

Forecasted Physical Exam.

Basic > 250 = 95*250=23,750

Extended > 215 =150*215=32,250

September

Forecasted Physical Exam.

Basic > 80  =90*80 =7,200

Extended > 90 =150*90 =13500

Total Gross Sales

Basic=$53,990

Extended=$70,950

3 0
3 years ago
CMr. Garcia is listening to an investment planner talking about mutual funds; Garcia really believes in investing in such funds
ludmilkaskok [199]

Answer: False

Explanation:

Mr. Garcia should not accept the planner's ideas without critical evaluating the point the planner gave when he was discussing with him.

Mr Garcia should give his opinion on the issue raised by the planner and make inquiries so that the planner will give more detailed analysis regarding the investment.

The evidences gotten while discussing with him can be used to determine if the project is worth it or not.

4 0
2 years ago
Which of the following best describes a cartel? A.when businesses agree to limit supplies of a product C.complete control of a p
sukhopar [10]
C. Complete control of a product or service
5 0
3 years ago
Read 2 more answers
Ue or false: increasing the number of stocks in a portfolio reduces market risk.
Triss [41]
False. It does not reduce market risk.
7 0
3 years ago
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