Buyer and seller agree that the buyer is entitled to $1,000 in damages if the seller breaches,
Question:
Buyer and seller agree that the buyer is entitled to $1,000 in damages if the seller breaches, and they add this term to the contract. This is called a gap filler.
a. True.
b. False.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
b False T...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Law And Strategy
ISBN: 9780077614683
1st Edition
Authors: Sean Melvin, David Orozco, F E Guerra Pujol
Question Posted:
Students also viewed these Social Science questions
-
The historical profitability of company A in the last three years has been 6%, 15% and 15%. Likewise, the yields of the market portfolio were 10%, 10% and 16%. Suppose the risk-free rate of return is...
-
Buyer informed Broker that Buyer was interested in acquiring commercial property. Broker then located Seller's property. Broker contacted Seller's broker and inspected the property. Broker told Buyer...
-
The company and the union began negotiations for a new collective bargaining agreement (CBA) on June 17, 1993. The companys representatives initially made a presentation that focused on the companys...
-
A machine requires three hours to make a unit of Product A and nine hours to make a unit of Product B. Last month the machine operated for 957 hours, producing a total of 145 units. How many units of...
-
Using the 2014 income statement and balance sheet of Trimark Products Inc., as constructed in problems 1 and 2 above, compute its financial ratios. How is the firm doing relative to its industry in...
-
If you rub a balloon with hair and bring it close to a stream of water in a wash basin, the water gets attracted toward the balloon. Can you predict the charge on the stream of water?
-
Following is an audit working paper that documents an auditor's work for Feldman Services, Inc.'s accounts payable aged trial balance for the year ended December 31, 1999. Required: List the...
-
A local market research firm has just won a contract for several thousand small projects involving data gathering and statistical analysis. In the past, the firm has assigned each project to a single...
-
Imagine you have been assigned the task to build the backend database for a Mobile App that will help the drivers in the Chicago downtown area to find parking spaces for their vehicles. Different...
-
If the seller fails to deliver and the buyer purchases substitute goods from another seller, this is known as covering. a. True. b. False.
-
If a contract calls for various periodic shipments in lots that must each be paid for separately, this is called a shipment contract. a. True. b. False.
-
In exercises find the limits. (x) = 5x, g(x) = x a. b. c. lim f(x) x-1
-
A number of distinguishable spherical beads, each having a radius of \(15.0 \mathrm{~mm}\), are placed into individual compartments in a \(1.00-\mathrm{m}^{3}\) container. The same number of beads,...
-
What is the entropy of a closed system in which 25 distinguishable grains of sand are distributed among 1000 distinguishable equal-sized compartments?
-
A cylindrical box is divided into three equal-volume, pieshaped regions-A, B, and C-by vertical partitions that allow the transfer of energy but not of particles from one region to another. Each...
-
A system has three macrostates. Macrostates 1 and 3 are least likely and have one basic state each. Macrostate 2 is the equilibrium state and is six times more likely to occur than either of the...
-
Offenses against the state other than terrorism include sedition, sabotage, espionage, criminal syndicalism, and espionage. Treason, or [a] breach of allegiance to ones government, usually committed...
-
If you believe it is not ethical to import such merchandise:
-
Horse serum containing specific antibody to snake venom has been a successful approach to treating snakebite in humans. How do you think this anti-venom could be generated? What are some advantages...
-
A bond is issued in 2020 at its face value of $10,000 with an interest rate of 5 percent. In 2022, the bond is sold when prevailing interest rates have increased. When recognizing gross income from...
-
During the 2022 tax year, Irma incurred the following expenses: If Irmas adjusted gross income is $23,000, calculate her miscellaneous deductions. Union dues Tax return preparation fee Brokerage fees...
-
On September 22, 2022, Jerry purchases a corporate bond. The bond pays interest each sixth months on June 30 and December 31 of each year. On December 31, 2022, Jerry receives an interest payment of...
-
On a piece of paper, list your distance to target, initial velocity, and launch angle for the first time you hit the bullseye. Show complete calculations for the distance of horizontal travel of the...
-
Consider a pendulum with a bob of mass m that is suspended from a spring rather than a rigid rod. Assume that the spring has spring constant k, that it has negligible rest length and mass (that is,...
-
Calculate the fraction per m of 9.3 MeV alpha particles scattered at 60 from a gold foil of thickness 3.2 x 107 m at a distance of 1.5 cm from the target. Round to two sig figs.
Study smarter with the SolutionInn App