A _______ balances supply and demand for a given offering
a. service recovery system
b. market-clearing price
c. commitment
d. coordination
b
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What is the result of courts and legislators limiting sellers' rights to forfeiture under land contracts?
A. More buyers are interested in entering into land contracts. B. The simplicity of the alternative financing through land contracts may be disappearing. C. Sellers are being freed from the complexities of traditional mortgage foreclosure. D. The line between land contracts and mortgages is becoming more and more pronounced.
When parties anticipate than various unexpected events may occur and they allocate who shall bear the risk if any of these unexpected events occurs, the contract will include
A) an implied term B) an entire agreement clause C) a force majeure clause D) a warranty E) a fundamental breach clause