Broadnorf Warbeagle is specifically designated to receive cash benefits of $2,000 from Ferd under a contract solely between Cantwell and Ferd. Cantwell owes Broadnorf $4,000 . Ferd had never heard of Broadnorf before his recent contract with Cantwell.The fact situation suggests the existence of
a. third-party rights and a delegation of duties.
b. an accord and satisfaction.
c. a substantial performance of a liquidated damage clause.
d. a statutory mutual assent.
a
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Beth's financial adviser has asked her to invest in a number of securities rather than investing in one. This is an example of
A. securitization. B. free-riding. C. sterilization. D. diversification.
Exposure netting is a process parallel to ____________ but with exposed positions in foreign currencies.
Fill in the blank(s) with the appropriate word(s).
Besides affecting the individual, a person's unethical behavior also affects his or her family and members of society
Indicate whether the statement is true or false
A representative office does not directly conduct business for the parent company
Indicate whether the statement is true or false