What is the purpose of a contract? How are contracts used?
Question:
What is the purpose of a contract? How are contracts used?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The purpose of a contract is to establish a legally binding agreement between two or more parties Contracts serve several important functions Clarity ...View the full answer
Answered By
Caroline Kinuthia
Taking care of the smaller details in life has a larger impact in our general well being, and that is what i believe in. My name is Carol. Writing is my passion. To me, doing a task is one thing, and delivering results from the task is another thing. I am a perfectionist who always take things seriously and deliver to the best of my knowledge.
4.90+
1933+ Reviews
4269+ Question Solved
Related Book For
Systems Analysis And Design With UML 2.0
ISBN: 9781118037423
4th Edition
Authors: Alan Dennis, Barbara Haley Wixom, David Tegarden
Question Posted:
Students also viewed these Computer science questions
-
1. What is the parol evidence rule, and what is the purpose of the rule? 2.Does the oral evidence described in the mini case fall under any exceptions to the parol evidence rule? Why or why not? 3....
-
Like the statute of frauds, the parol evidence rule admits some exceptions in which parol evidence, normally excluded, may be admissible in court. Through a fictional scenario about pop star Justin...
-
Plaintiffs James and Heidi Glassford, who brought suit to obtain compensation for an allegedly negligent home inspection, appeal the superior courts order granting summary judgment in favor of the...
-
Explain the investigation process As an HR manager, identify the first three steps you recommend the HR team take to begin to investigate this scenario. Explain how the steps you are recommending are...
-
Your client needs a new car and is trying to decide whether to (1) buy and pay cash, (2) buy fully financed, or (3) lease. The following terms are available: If the car is purchased for cash: - Cost...
-
For each transaction, (1) Analyze the transaction using the accounting equation, (2) Record the transaction in journal entry form, and (3) Post the entry using T-accounts to represent ledger...
-
By using six factor formula for \(k\), derive the Eqs. (7.93), (7.94) of Section 7.7.1. dkoo dp= k MB dM dB 8 + (7.93) 1+M B M B2
-
Drake Company reported the following for 2014: Current assets................ $ 87,000 Current liabilities................ 19,000 Revenues................ 450,000 Cost of goods sold...............
-
W (K$) 14 13 Rich 12 11 10 9 8 7 6 5 Poor W (K$) 14 13 12 11 10 9 8 7 6 5 4 16 18 20 22 24 26 28 17 19 21 L 20 22 24 26 23 25 27 (M) 21 23 25 27 29 31 28 30 32 34 36 L 33 35 37 (M) 1. There are two...
-
What is the Object Constraint Language? What is its purpose?
-
What is the typical downside of system optimization?
-
Would you rather be a first-line supervisor in a mechanistic or an organic organization? Why?
-
P6. (6 pts) Consider a generator of a CRC scheme 1010011 (i.e., x6+x++x+1). The message is 00110011 10001010. Answer the following questions. a. Compute the CRC bits for this packet (ignoring all...
-
n enterprise elected to use the cost model to subsequently measure its land. The value of the land it holds is now impaired as it was purchased at a cost of $100,000, and it is now worth only...
-
What are the obligations incumbent upon a vessel to its state flag, encompassing the array of responsibilities and commitments it must uphold in accordance with maritime regulations and international...
-
Determine the risks and efficiencies of an updated computerized accounting information system. Include the following in your response: Impact on an organization's financial reporting Effect on...
-
The contribution amount paid to Daniella different to the SG contribution amount due to different of rate used. Which ethical principle and practice has been breached? Describe how it has been...
-
The following compound contains three nitrogen atoms. Rank them in order of increasing basicity.
-
An auto-parts manufacturer is considering establishing an engineering computing center. This center will be equipped with three engineering workstations each of which would cost $25,000 and have a...
-
What are the likely activities and artifacts in inception?
-
What are the criteria used in planning the next iteration during elaboration phase?
-
What artifacts may start in elaboration?
-
6. Construct a graph of the Security Market Line given by the parameters in #5. Point out the SML returns you calculated in #5 on your SML. Also, find and plot IBM's and Netflix's expected returns...
-
Write a simple C code with printf or scanf statement for each of the following: a. Print the unsigned integer 3500 left justified in a 10-digit field with 6 digits. b. Print 1.234 in a 9-digit field...
-
Brown's Technology has three employees who work on an hourly basis and are paid semi-monthly. The current CPP rate is 5.95%, the current EI rate is 1.63%, and the appropriate income tax rate is 20%....
Study smarter with the SolutionInn App