If the contingency is put into a contract, it is important to be specific about which of the following.
a.. The nature of the contingency
b. The duration of the contingency
c. The method by which it is removed.
d. All of the above.
Answer: d. All of the above.
You might also like to view...
Which of the following is NOT part of the process called The Business Planning Cycle?
A. Management team understands its strategic opportunities and its capabilities, competencies and overall capacity B. Management team develops a business plan via a process which outlines its focus and methodology for using its resources C. Management team capitalizes on its identified strategic opportunities D. Management team creates valuable products and services E. Management team creates a unique position in the marketplace built around a competitive advantage.
In a deed of trust, the lender is
a. the trustor. b. the trustee. c. the beneficiary. d. the holder.