How fortuitous event affect a contract or obligation?
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How fortuitous event affect a contract or obligation?
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- a) Jay knows that a futures contract's primary purpose is managing risk exposures. Use Singapore Airlines as an example to further explain how a futures contract achieves this risk management function.According to contract law, when you go to a department store and purchase an item, what have you done? What if you purchase the item at a garage sale? What if you purchase the item an auction?Explain the difference between the First and Second New Deals
- What are the two exceptions to the general rule that an entity should allocate the transaction price based on the relative standalone selling price? Are the percentage-of completion and the completed contract methods both viable alternatives for a given contract Explain Does aggregating the five components of pension cost always result in a reduction in income? Do corporations report the projected benefit obligation and the plan assets as individual accounts on the sponsor corporation’s balance sheet?How can an offer be affected where the terms are not clear?Why do business negotiations often avoid or ignore contingency contracts as options for creative agreements?