What are contracts - Study guides, Class notes & Summaries

Kentucky Life and Health Insurance Exam (New 2024/ 2025 Update) Questions and Verified Answers| 100 % Correct| Grade A QUESTION The only party in an insurance contract that makes a legally enforceable promise is the insurance company. Because of this, insurance contracts are considered to be: conditional aleatory unilateral contracts of adhesion Answer: unilateral Insurance contracts are unilateral. This means that only one party (the insurer) makes any kind of ...

Peregrine Practice Exam (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct Q: the law of demand states Answer: That the quantity of a good demanded falls as the price rises, and vice versa. Q: foreign direct investment (fdi) and trade - government tactics that include removing incentives Answer: Advance their own interests, those of the organization, or those of some other group Q: external networks Answer: Allows users of all types access....

Well-structured RRLLB81 Assignment 2 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!).. LIABILITY INSURANCE IN SOUTH AFRICAN LAW AS A COMPLEX FORM OF INDEMNITY INSURANCE Background There are several classifications of insurance; the most common is the distinction between indemnity insurance (also referred to as non-life insurance) and non-indemnity insurance (also referred to as life insurance). With indemnity insurance, the insurer indemnifie...

Well-structured HRM2602 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). ... Question 1 Read the following scenario and then answer questions 1.1 to 1.6: Makhati Logistic Services is a company that was established in Gauteng by two brothers, Thabo and Lwazi, about ten years ago. Their vision was to provide logistic and transport services to people in hard-to-reach areas that larger logistics companies were unwilling to travel to...

S-290 Final Exam Questions and Answers Already Passed T/F Topography can directly and indirectly affect fuels and their availability for combustion. True Of the three primary environmental factors that influence fire behavior, which is the least variable? Topography The least critical form of heat transfer that influences rate of spread in a running wild land fire is: Conduction The point to which a combustible material must be heated to produce self-sustaining combustion is known as the: Ig...

CDT Exam Questions With Correct Answers 100% Solved Which of these documents, might we find in the Project Manual but they are not contract documents? (A) The Agreement (B) Procurement Documents (C) Addendum (D) Supplemental Conditions - answerAnswer: B Reference: PDPG 11.1.6 Explanation: Procurement requirements are addressed to prospective bidders or proposers interested in the project. Although not necessarily part of a contract, the procurement requirements are usually bound wit...

CA Life Insurance Exam Questions and Answers 100% Pass What is meant by referring to an insurance policy as a unilateral contract? Only one party makes a legally enforceable promise. When must insurance records of insurance agents and brokers be made available to the Insurance Commissioner? At all times. Any situation that presents the possibility of a loss is known as a loss exposure Which of the following information is not required to be communicated in a Life insurance contract? Personal ...

Company Law LML4806 Semester 2 Assignment 1 - 2024 Mercantile Law Department Question: 1 Jane, John and Jabulani are the directors of Touring Africa by Bicycle (Pty) Ltd (“the company”), a company that is based in Johannesburg. The memorandum of incorporation of the company provides that only the board of directors have the authority to enter into contracts on behalf of the company. James, the branch manager of the company in Durban, attends an outdoor show in Durban to scout for useful ne...

LML4806 ASSIGNMENT 1 MEMO - SEMESTER 2 - 2024 - UNISA - DUE : 20 AUGUST 2024 - UNIQUE NUMBER:- 590226 ( FULLY REFERENCED WITH FOOTNOTES- DISTINCTION GUARANTEED) Question: 1 Jane, John and Jabulani are the directors of Touring Africa by Bicycle (Pty) Ltd (“the company”), a company that is based in Johannesburg. The memorandum of incorporation of the company provides that only the board of directors have the authority to enter into contracts on behalf of the company. James, the branch ...

CON 3990V Exam (Latest 2024/ 2025 Update) Questions and Verified Answers-100% Correct-Grade A Q: One of the proper protest venues is the Answer: U.S. Court of Federal Claims Q: Upon notice that a protest has been filed with the Government Account- ability Office (GAO), who must immediately begin compiling the information necessary for a report to the GAO? Answer: The contracting officer Q: Which is an essential element of Alternative Dispute Resolution (ADR)? Answer: ...