An agreement to pay reasonable additional compensation to a contractor for the performance of a pre-existing contract when the contractor faces extraordinary circumstances caused by unforeseen difficulties is called a:
A) good-faith adjustment

B) bribe.
C) compensatory allowance.
D) relief payment.

A

Business

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Nondiscrimination guarantee is the assurance of a host state government that foreign investors will be able to take out of the state both the investment capital they brought in and the profits they earned

Indicate whether the statement is true or false

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Michael received a professional baseball contract paying $7,000,000 per year for 5 years, Bert received a two-year contract for $16,000,000 per year. For purposes of calculations, treat these contracts as ordinary annuities

Who's contract has a greater present value if we assume a discount rate of 6%? A) Bert = $29,334,283 B) Michael = $29,486,547 C) Bert = $39,459651 D) Michael = $39, 743,196

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