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- The purpose of a(n) is to prevent the leak of valuable information to other competitors. * Non-disclosureagreement Employment agreement Ownership agreement Compete agreement.8. How many written days notice must you give an owner before you leave a rented apartment. * A one month B two months O C six months O Done year 9. A document that you and the owner will fill out before you rent an apartment that lists any damages that were in the apartment before you moved in is called alan * O A will O B prenuptial agreement O C power of attorney O Dinventory checklist 10. This document puts your wishes in writing as to how you would like your medical care to be handled if you are unable to make decision for yourself. O A power of attorney Ba trust fund Ca living will O Dan alimony document 11. This is the term we use for all that a person owns. * O A Beneficiary O B An Estate Ca Trust fund O D Whole life insurance fund O Ea Mortgage 12. This document gives you the right to deal with all of the financial aspects of another person life. * O A Power of Attorney O B Health Care Proxy O Ca living will O Da trust fund 13. You should purchase life insurance, and make a…A Delaware LLC wanted to acquire a 300,000 square foot class “A” office building in Philadelphia for $150 per square foot that was 77% leased. Wells Fargo agreed to fund a purchase money mortgage loan with a maximum LTV of 60%. What is the minimum amount of equity that would be needed to close the acquisition? a. $45,000,000 b. $9,000,000 c. $18,000,000 d. $27,000,000
- What are the kinds of obligations? Site the difference between contract and agreement.53. James is looking to purchase a single-family home. He needs to obtain a loan in order to complete the purchase but lacks good credit. Why may James opt for an installment sales contract with the seller rather than obtain a traditional mortgage from a lender? O An installment sales contract can be obtained from more lenders compared to a typical mortgage. • An installment sales contract will typically included a lower interest rate. O An installment sales contract is interest-free for the first 12 months. O An installment sales contract is a form a seller financing that offers much more flexibility compared to a typical mortgage.none of the above 17 18 Question 25 (1 point) ✔Saved 20 20 21 2 23 25 ✓ 24 24 Quiz Information @ 2 # * $ 3 4 Which of the following is not one of the Bardal Factors affecting the length of common law notice to which an employee would be entitled upon termination of employment? Age Length of Service Position of the Employee All of the above are Bardal Factors Submit Quiz 25 of 25 questions saved = e ZM f6 f5 Jo 5 6 & 7 IN hp ao f8 f9 KA f10 f11 f12 ins prt sc * 8 9 delete 奶 backspace W E R T Y U O P [ S D F G H J K X C V B N Σ アド L- 1 pause alt ctri < に
- (Q): Briefly explain the following:1. Legal Contract 2. Professional liability Explain question with your own words, examples and detail explanation.1) There are two types of relationships, name them? And give some examples? 2) All contracts should be made in writing (True or False) (Justify with example or explanation)The duty of restoration is to protect adults that enter into contracts with children. Question 21 options: True False Minors are liable on certain contracts that are seen as necessaries of life...ie a contract for health insurance. Question 22 options: True False Consideration requires a bargained for exchange of value from both parties. Question 23 options: True False There does not need to be any exchange of words for there to be an implied contract. Question 24 options: True False When an illegal contract is executed upon, the court normally will leave the parties where it finds them even if partial performance has occurred. Question 25 options: True False
- 27) Choose the advantages of payback period. a. Low calculation costs b. None of the options c. Both Low calculation cost and Risk of obsolescence high d. Risk of obsolescence high OnlyDicuss the benefits of Mangement principal?3. A contract is a written, spoken or tacit (understood) agreementbetween two or more people, which is intended to be enforceable bylaw. Name FIVE elements of a contract that you should include for yourbusiness.