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Alla [95]
2 years ago
4

Antonio owns property on which a gasoline station once stood. Josh agrees to buy the land so that he can build an office on it.

They include language in the contract making the purchase contingent on a determination that there are no environmental problems with the property. The contingency represents:
Business
1 answer:
Inga [223]2 years ago
3 0

Answer:

Condition precedent

Explanation:

Condition precedent is the affair or the event which is needed before something else will happen. Under the law of contract, it is an event which need to happen, unless its non- occurrence is excused, before the performance in the contract becomes due, in short, means before any existence of contractual duty.

For example, the person will paint the house if the owner would supply the paint. And if the condition precedent would not fulfill then their will no performance of duty.

So, in this case, the contingency which is states or represented is the condition precedent.

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Julie wants to open a bank account with $75. julie estimates that she will write 20 checks per month and use her atm card at the
Neporo4naja [7]

This will ultimately depend on the bank, but no matter what it is important to look at fees, locations, services, and interest rates when considering your next bank.

7 0
2 years ago
A company needs to locate three departments (X, Y, and Z) in the three areas (I, II, and III) of a new facility. They want to mi
sp2606 [1]

Answer:

The correct answer is option (A) $2,600

Explanation:

Given data;

The data given can be tabulated below for easy understanding

Pairs                        Flow         Distance          Flow distance

X-y                              30            20                     600

Y-Z                            280             10                     2800

Z-X                            180             10                      1800

Total flow = 600 +2800 + 1800 = 5200

To calculate the total weekly cost, we use the formula;

Total weekly  cost is =  Total flow * Cost of per load

                                    = 5200 *0.5

                                     $2,600

5 0
2 years ago
Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $120,000 or $300,000 with equal
Ivanshal [37]

Answer:

a. If you require a risk premium of 8%, how much will you be willing to pay for the portfolio?

the expected value of our portfolio = ($120,000 x 50%) + ($300,000 x 50%) = $210,000

the current market price of the investment = $210,000 / 1.13 = $185,840.71

discount rate = 5% + 8% = 13%

b. Suppose the portfolio can be purchased for the amount you found in (a). What will the expected rate of return on the portfolio be?

13%, it should be equal to the discount rate

c. Now suppose you require a risk premium of 15%. What is the price you will be willing to pay now?

the current market price of the investment = $210,000 / 1.21 = $175,000

discount rate = 5% + 15% = 20%

d. Comparing your answers to (a) and (c), what do you conclude about the relationship between the required risk premium on a portfolio and the price at which the portfolio will sell?

the higher the risk premium, the lower the market price of the portfolio

4 0
2 years ago
Based on what you learned so far, what options can you think of to deal with the stray animal problem in Townsville?
cestrela7 [59]

Answer:

As mentioned in the question, the answers are:

1. Build an animal shelter

2. Begin a trap, neuter, release program.

Explanation:

1. Build an animal shelter

This is a great solution to deal with the problem of stray animals because of several reasons:

a) With fewer animals roaming about in the streets, there will be fewer instances of animal feces lying on the street, which is both unpleasant and unhygienic.

b) Lowered risk of animals catching infectious diseases and spreading them

c) Fewer automobile accidents caused by vehicles hitting stray animals on roads

d) When kept in animal shelters, these animals, particularly domestic ones, can be adopted.

2. Begin a trap, neuter, release program.

This another effective solution to deal with the problem of stray animals, because when animals are neutered and released back on the streets, they will no longer be able to reproductive and give birth to offspring, which would only multiply the number of stray  animals, and issues associated with.

Out of the two solutions, the first one, while more time consuming and expensive is most optimal to deal with the problem of stray animals.

6 0
2 years ago
Consider the following information for three stocks, A, B, and C. The stocks' returns are positively but not perfectly positivel
Dmitry_Shevchenko [17]

Answer:

a) Portfolio ABC's expected return is 10.66667%

Explanation:

The expected return is based on the risk factor of a project. If a project has higher risk its rate of return will be higher. Portfolio ABC has one third of its funds invested in each stock. The return of on A and B are 20% and 10%. Their beta is 1.0 for both the stocks while stock C has beta 1.4. The portfolio expected return will be 10.66667%.

5 0
2 years ago
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