Question: A condition is a contractual term that renders the operation and consequences of the contract dependent on the occurrence or nonoccurrence of an unspecified and

A condition is a contractual term that renders the operation and consequences of the contract dependent on the occurrence or nonoccurrence of an unspecified and certain future event.

.

TRUE

.

FALSE

A condition is a contractual term that renders the operation and

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Question 2 2.1 Mary inherited a silver plated tea tray from her grandmother. Mary decided to sell the tea tray to Boaz who runs an antique store. Mary informs Boaz that the tray is genuine silver...

2.2. A condition in a contract can be described as a contractual term which renders the operation and consequences of the contract dependant on the occurrence, or non-occurrence, of a specified...

Fine let + 5 2 0 4 3 NolyeL - answerel Marked out of 1 as p feas awabluah A condition is a contractual tern that renders the operation and conseqyences of the contract dependent on the occurrence or...

Business Law 1.2 Briefly differentiate between authoritative (primary) and persuasive (secondary) sources of law and provide an example of each. The following might help with Q1.2- AUTHORITATIVE...

Write an original paper thatsummarizes the main points of the current IFRS exposure drafts attached. Additionally, compare/contrast with current theory/standards. Each section must be a minimum of...

Write a paper that summarizes the main points of the current IFRS exposure drafts attached. Additionally, compare/contrast with current theory/standards. Each section must be a minimum of two pages....

Accounting Principles II - ACC 112 Financial Statement Analysis Project To successfully operate in the world of business, the ability to comprehend a company's annual report and analyze the financial...

WorkfileContents.doc ASSIGNMENT # 2 Contract Review Analyze the sample physician contract provided below. Important negotiation language is missing from the contract. Using the Managed Care Checklist...

What is the relevant cash element above the significant policy pls highlight exactly SIGNIFICANT ACCOUNTING POLICIES Basis of Consolidation Business Combinations The consolidated financial statements...

What is the relevant cash element above the significant policy Urgent!!! pls highlight exactly Significant accounting policy Basis of Consolidation Business Combinations The consolidated financial...

The balance in the Retained Earnings account reflects the account balance before temporary accounts are closed. In addition, the Notes Payable balance includes notes payable of $24,250 due within the...

If pork chops cost US$3.99 per pound in the United States and C$9.49 per kilogram in Canada, in which country are the chops more expensive? How much more expensive are they in C$ per kg? (1 kg = 2.2...

2 Please help me with this problem and show your work on excel. Econ Stats please and thank you. Please show what to fill in the template and how you got that answer. Part A . The underlying stock...

The annual demand for an item is 1,700 units. The order cost is $7. Unit cost is $8 and the unit holding cost per year is 18% of the item's value. The order quantity is 125 units. What are the total...