If a bank assumes ownership of a piece of contaminated land, the bank becomes a responsible party
.
Option c
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Explanation:
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According to the banking norms for getting loan a property has to be attached as a collateral security and agreement of repaying entered between the bank and loanee.
In case of defaulting of loan it is the prerogative of the bank to sell or withheld the property.
So, to recover the loan, bank has the right to sell the attached property which is attached as collateral security even if it is contaminated land. The sole aim of the bank is to recover the loan in case of repayment in which loanee is referred as defaulter.
Answer: The answer is provided below
Explanation:
The four liabilities of incoming and outgoing partners are:
1. person who is admitted as a partner to an existing firm apart from a limited partnership or an incorporated limited partnership doesn't by that particular admission alone become liable for anything which is done before the person becomes a partner.
2. A person admitted as a general partner into a limited partnership or an incorporated limited partnership that already exists does not by the admission alone become liable for things done before the individual became a general partner.
3. A partner who retires from a firm other than limited partnership or an incorporated limited partnership doesn't by the retirement alone cease to be liable for the partnership debts and the obligations that were incurred before the retirement of the partner.
4. A partner who retires from a limited partnership or an incorporated limited partnership
doesn't by the retirement alone cease to be liable for the liabilities of the firm that were incurred before the retirement of the partner for which the partner were liable.
I don’t see any pictures to this, may be my internet, but my response would be something like this: “Have a major effect on someone or some people’s actions.”
I think you see how this goes all together, but if not, then here it is. “Although getting a better education is generally a good thing, it may have a major effect on somebody or some people’s actions.”
The advice to Kumasi Brewery Company Limited and Miklin Hotel is that by the terms of the contract, the contract <u>is repudiated</u>.
<h3>What is contract repudiation?</h3>
Contract repudiation occurs when a party to a contract cannot perform or deliver based on the terms of the contract.
A party to the contract can repudiate or cancel the contract as a remedy for non-performance, rendering the contract null and void if a party decides to go ahead with the contract performance.
Thus, the advice to Kumasi Brewery Company Limited and Miklin Hotel is that by the terms of the contract, the contract <u>is repudiated</u>.
Learn more about contract repudiation at brainly.com/question/7053473
The patrol activity he is participating is Administrative duties
Administrative duties is the way in which a person carryout his or her day to day job duties or assignment such as:
•Sending mails
•Receiving phone calls
•Preparing reports
•Preparing memo
•Ensuring that files are well organized etc.
Adminstrative skills include:
•Comunication skill
•Listening skill
•Ability to Multitask
• Organization skill etc
Performing or Carrying out Administrative duties enables day to day smooth running of company or organization operation.
Inconclusion The patrol activity he is participating is Administrative duties .
Learn more about Adminstrative duties here:
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