tate the conditions under which an owner reasonably can call for competitive bids for a lump-sum contract. if conditions are not ideal, what alternatives does the owner have? 2.3 1. define and explain the concept of a primordial agreement, and how such an agreement can be used in negotiations for a construction contract. Course hero has this 7. Cite and explain several axioms for carrying out negotiations
Q: James Bond's offer has been accepted and he has removed all contingencies. Then he finds a better…
A: C He cannot cancel the contract because he has removed all contingencies.
Q: Your client John Smith ensures his condominium through the office for a comprehensive form subject…
A: The question involves determining the insurance recovery amount for John Smith, who has a…
Q: Given that one goal of a contract is to avoid litigation, which of the following can be useful to…
A: A legally binding agreement outlining the terms and circumstances of a specific transaction or…
Q: Hamid signs a contract with a tour company that reads as follows: Fun Times Travel will provide…
A: From the above case study is very clear that No , Hamid can not give confirmations since he doesn't…
Q: Which of the following is NOT an element of a checklist to determine if a contract has been formed…
A: A contract is a legally enforceable agreement that establishes the rights and obligations of two or…
Q: 1. List the 4 parts of a contract. 2. Please put in your own words…What is the Objective…
A: Contract law is a branch of civil law that deals with the creation and enforcement of agreements…
Q: Using the property from the last question (77 Dolphin Crescent), complete the below front page of…
A: This Contract of Sale is between [VENDOR] and [PURCHASER] in respect of the property located at 77…
Q: (11) A agrees with B to sell "200 pairs of shoes" this agreement is..... a) Voidable b) Valid c)…
A: Agreements serve a critical role in outlining the rights and obligations of the parties concerned…
Q: Marios wants to buy a new car. He has identified a model he likes, the Volkwagen ID3 but the price…
A: Question 1Marios, thank you for reaching out and expressing your interest in the Volkswagen ID3.…
Q: 25. A isting broker is employed to find a purchaser and produces a full cash offer that meets the…
A: A broker who represents a seller, buyer, or both in a limited capacity. A broker is a corporation or…
Q: The lawyers of Leo's estate put an auction ad in the local newspaper asking "without reserve" bids…
A: Without Reserve: In an auction "without reserve," the seller (the estate of Leo) agrees to sell the…
Q: From the information provided state which form of contract (simple or formal) is required for the…
A: In business law, contracts are typically categorized into two types: simple contracts and formal…
Q: 12 A bill of lading that states"consigned toJ. Smith" is a ? A .short form bill of lading…
A: A bill of lading is described as the document (legal) that is issued to a shipper by a carrier and…
Q: A legal contract is formed, only when, an offer is presented and consideration is exchanged?
A: Detailed explanation: A legal contract is formed not just by an offer being presented and…
Q: Scenario Dan and Leo agree to buy and sell “groceries and sundries” from Public Growers, Inc., in…
A: Two store owners, Dan and Leo, entered into a five-year contract with Public Growers, Inc., to…
Q: Case study contract law and offer acceptance. Scenario: Alex posts an advertisement to sell his…
A: Contract law plays a vital role in everyday transactions, providing a framework for legally binding…
Q: Provide reaction on discussion below if you agree or disgaree:
A: The enforceability of limitations of liability within contractual agreements is a pivotal aspect of…
Q: On January 1, 2019, Ballieu Company leases specialty equipment with an economic life of 8 years to…
A: In this case I see the risk and all other thing is transfered to the other person and Financial…
Q: Firm A is having financial difficulties. It delivers goods to a carrier for shipment to a foreign…
A: Firm A is having financial difficulties. It delivers goods to a carrier for shipment to a foreign…
Q: You have a job bidding provision in the contract which says. Vacancies in bargaining unit positions…
A: Recruiting the right candidate could be a challenging task for the recruiter. The job requirement of…
Q: Bill offers to sell his car to Tom for $9,000. Tom replies, “Your price is too high! I will offer to…
A: In the given situation, when Tom offers to buy Bill’s car for $8000 when the original offer of Bill…
Q: Akram posted the offer letter on 2 October 2020 to Salam to sell his Honda City for RM50 000 to be…
A: The case involving Akram and Salam unfolds a narrative in the realm of contract law, where the…
Q: 5 in order for a conditional receipt to be issued, the applicant must A take a medical examination B…
A: The objective of the question is to identify the correct requirement for the issuance of a…
Q: What is the term for a minor choosing to proceed with the contract and the term for a minor choosing…
A: Disaffirmance refers to a legal term that states the right for one party to reject a contract. So as…
Q: Able does not ever want Baker's shares to be transferred to Baker's brother, who has been convicted…
A: The objective of the question is to identify the type of restriction that Able can insist on to…
Q: 7. Reduce the required provision if some or all of the expenditure required to settle a provision is…
A: The target of this Standard is to guarantee that suitable acknowledgment rules and estimation bases…
Q: Which one (1) of the following statements is true about certain insurers? OA) A joint stock company…
A: Insurers come in a variety of forms, including joint stock companies, mutual insurance companies,…
2.2
1. state the conditions under which an owner reasonably can call for competitive bids for a lump-sum contract. if conditions are not ideal, what alternatives does the owner have?
2.3
1. define and explain the concept of a primordial agreement, and how such an agreement can be used in negotiations for a construction contract. Course hero has this
7. Cite and explain several axioms for carrying out negotiations
![](/static/compass_v2/shared-icons/check-mark.png)
Step by step
Solved in 5 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
- James is looking to enter into a listing contract with Mary to sell her house. The two are trying to come to an agreement on what type of listing contract to use. What type of listing contract will offer James the least amount of protection? O An open listing agreement since it is a unilateral contract. O An exclusive Right to Sell agreement since it is a bilateral contract. O An Exclusive Agency agreement since the owner can still find a buyer themselves O An Exclusive Agency agreement since it is a unilateral contract.Which of the following policy provisions specifies that, if an insured fails to pay a renewal premium within the time granted but the insurer subsequently ace may be restored? OA Grace Period Reinstatement OC Time of Payment of Cairns OD. Entire Contract OB. 00The listing agreement compensates the firm and agent that bring the property to market as well as the firm and agent that brings the buyer. How does the choice to decline a buyers agent effect the cost to the seller? Explain how a seller-sub agent bringing a buyer differs for the buyer from choosing a buyers agent to represent you as a buyer. The sellers sub-agent has a fiduciary responsibility to what party? Why is the idea "I don't want to pay an agent to work in my interest as the buyer" is flawed in it's logic and understanding of the structure of the listing agreement.
- Simon purchased both a call and a put on 280,000 bushels of lentils. Both options have a strike price of $5.00/bushel and a common expiration date. Lentils contracts are based on 5,000 bushels. The price of lentils on the expiration date is $5.38/bushel. A. Ignoring all costs, calculate Simon's total option payoff for these two contracts. B. Assuming that a call costs Simon $0.15 per bushel and a put costs $0.11 per bushel, calculate Simon's total profit or loss on the two positions.Illinois Accident and Health Producer General - Shayaan Shaikh Offer, acceptance, and consideration are necessary elements of: OA. OB. OC. OD. a warranty a representation a contract insurable interest Time Remaining Flag foQUESTION 1 Which of the following is a FALSE statement? A. The E-Sign Act completely prevents the use of electronic signatures for contracting on the Internet. B. If an employer wants to preserve the at-will employment status of his or her employees, the employer should insert disclaimers in its codes and handbooks that nothing therein can be construed to create an express or implied employment contract. C. A basic principle of the National Labor Relations Act is that employers cannot terminate employees in order to discourage or encourage union membership. D. “Going public” by a company offering to sell shares of stock to the public typically results in access to broader financial markets from which to obtain capital. QUESTION 2 1. The tort of assault and the tort of battery are: A. Two names for the exact same tort. B. Strict liability torts. C. Independent torts which can occur separately from one another. D. Require proof of each of the separate elements of negligence.…
- A. Does a contract have to be in writing? B. List three types of terms in a contract. C. Distinguish terms in a contract from a representation.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.What is the test for whether a term is a condition? pick one answer from the following: The parties have described the term as a 'condition' or 'essential'. The promisee would not have entered the contract unless assured of strict or substantial performance of the relevant promise. Whether the term provides that performance of the contract is conditional on a contingency being fulfilled, such as finance being obtained, or development consent being granted. It was apparent to the promisor that the promisee would not have entered the contract unless assured of strict or substantial performance of the relevant promise.
- explain the following terms in your own words and understanding and give specific examples. - Obligations - Contracts - Law - Quasi-Contracts - Quasi-DelictsA client is transferring their estate to their daughter. They aren't charging their daughter any money for the estate (what a deal!) and are unsure what to put in the deed as consideration. You advise them that consideration: must be equal to the appraised value of the property can be "love and affection," and will be conveyed using a gift deed must be explicitly specified, down to the penny, on the deed must be money, but doesn't have to be a lot of moneyBusiness law problem