If a contract provides a set amount of income for two or more persons with the income stops upon the first death of the insured, it is called a <u>Joint life annuity.</u>
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A contract is an agreement between private events creating mutual obligations enforceable by law. The basic factors required for the settlement to be a legally enforceable settlement are mutual assent, expressed by way of a legitimate offer and popularity; good enough consideration; capability; and legality.
The three maximum common settlement sorts consist of fixed-price contracts. cost-plus contracts. Time and substances contract. An instance of the contract is a loan settlement between shoppers and dealers of a vehicle. An example of a contract is a settlement between two human beings to be married.
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Answer:
These teams are both cross functional and project teams.
Explanation:
Cross functional team comprises of group of people who have different functional expertise and come from various aspects of organization.
These people come from different departments of the organization and work for a common goal.
Organizations often form cross-functional team for a short period for specific projects.
Here, this team is formed for the project of product launch so it is an example of cross functional project team.
Anarchy is good and bad. Compared to communism it is WAY BETTER. Though, you can't vote on your leader like in democracies. Especially if you agree with the leader's values in an anarchy you would probably enjoy it. Also anarchies do have lots of power. I would say to search this up on google though.
This would be a general partnership because both parties are responsible equally.