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- Sometimes an issur with a property is discovered during the pre-closing stage. Buyers may be willing to accept deficiencies if they an compensate through a price reduction. Which of the following is correct regarding adjusting a purchase price to offset a deflciency.Select one: O. The value of the price adjustment may become a matter of negotiations between the parties. O. A new agreement of purchase and sale must be drafted and signed to finalize the price adjustment. O. A formal appraisal is always required to determine the adjusted purchase price. O. Buyers are contractually obligated to negotiate an adjusted purchase price.precise answer but donot copyThe Acme Electric Company worked day and night to develop a new current regulator designed to cut the electric power consumption in aluminum plants by 35%. They knew that, although the competition was fierce, their regulator could be produced more cheaply, was more reliable, and worked more efficiently than the competitors’ products. The owner, eager to capture the market, personally but somewhat hastily put together a 120-page proposal to the three major aluminum manufacturers, recommending that their regulators be installed at all company plants. She devoted the first 87 pages of the proposal to the mathematical theory and engineering design behind his new regulator, and the next 32 to descriptions of the new assembly line she planned to set up to produce regulators quickly. Buried in an appendix were the test results that compared her regulator’s performance with present models, and a poorly drawn graph showed how much the dollar savings would be. Acme Electric didn’t get the…
- What are contract documents, and why are they important?Which of the following is not a true statement: A. In a risked based agreement, the provider shares a portion of the risk for medical cost B. In a non-risked based agreement, provider shares no risk for medical cost C. In a capitated arrangement, all of the risk is on the health plan D. In a value based payment arrangement, the payment is impacted by both cost and qualitySuppose you have to start business dealings with a company named “XYZ” how will you document the conditions both parties agreed or disagreed on and what are the considerations for such agreement?
- What is Letter of Intention (LOI). What is difference between LOI and Lease Agreement?Communicating of an offer must be made to a particular individual, groups etc. What happens a. Where the contract is made to a specified person but is accepted by another person? b. Where an offer is communicated to a class or group of persons. c. Where an offer is communicated to the general public or the whole world.Mary, a keen pottery collector, saw a notice for an auction at James Pottery Limited on September 30th 2017 in the Daily News. She traveled 300 kilometers to attend the auction in order to bid for a particularly rare item of Mozart pottery, specifically mentioned in the list of items to be auctioned. However, when she got to the auction site she found a notice outside, stating that the auction had been canceled. Mary went into a nearby antique shop and saw an item of the same type of pottery she had come to bid for, which the price ticket stated $5000. Mary indicated to the shop owner, Anthony, that she was only willing to pay $4,000 for it. However, Anthony said he would sell it for $4,500. Mary then indicated to him that she would like time to think about it over lunch; Anthony thereafter, agreed not to sell it before Mary returned. However, when Mary returned to buy the pottery, she found that Anthony had already sold it to someone else, who had paid $4500 for it. In the context…
- Salma is into catering business and cooks food for small parties. Hina ordered her to cook food for 50 guest for her party on 5th of May 2021 at the lunch time around 2:30 pm. Hina called Salma to cancel the order on 3rd May 2021 at 1:00 pm as the party is cancelled due to some of her personal reason. Can Salma claim Hina for the cost of the raw material that is used in preparations. Answer as YES or NO. Also choose the correct reason.What is a no-damage-for delay clause, what type of clause is this, and what is its purpose?10 - Which of the following statements cannot be said about the negotiable documents written to bearer?A) It is one of the valuable documents with public security.B) It is the easiest valuable document to circulate in the market.C) There is no bill of exchange that can be issued in writing to the bearer.D) For bearer bills, whoever holds the bill is the right holder.E) The bills with "bearer" registration are written to bearer.