What is a fortuitous event? Is there any difference between a fortuitous event and a force majeure?

Q: may an action arising from negligence be waived? explain

A: Negligence refers to very small and insignificant result which needs to be inspect or check. The…

Q: Which is not a management practice for reducing the problems of adverse selection and moral hazard…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Why is a preemptive right important?

A: Preemptive rights means the rights to  be offered to purchase a property before it is offered to…

Q: When can a gift causa mortis be voided?

A: Gift causa mortis is a gift of personal property and this gift the underlying belief or expectation…

Q: definition of political risk and how mitigate it?

A: Political risk are risk arising due to political parties of countries with change in government…

Q: What is inshoring?

A: It is the opposite of offshoring. Inshoring is a process wherein the business is moved back from…

Q: Explain the difference between the two types of subsequent events.

A: Subsequent events refers to events which occur after the end of reporting period but before…

Q: "Good will can not be depreciate" Explain statement?

A: Goodwill can be defined as intangible assets that is recorded as non-current asset on the asset side…

Q: Can both moral hazard and adverse selection occur in the insurance market s the difference between…

A: The insurance industry is an important part of the overall financial industry. Insurance is bought…

Q: What is the difference between a conditional and unconditional contribution?

A: Step 1 Contribution can be defined as something which a person contributes for achieving something.…

Q: Why would an insured inflate claims and who are the ones to suffer for it?

A: Insurance can be defined as the contract that is signed by an insurer indemnifies another person…

Q: What is the difference between an unconditional promise to give and an intention to give?

A:

Q: What is nonpecuniary benefits?

A: The benefits which are not in monetary form are called as Non Pecuniary benefits. The notion that…

Q: “What has been regarded as normal spoilage in the past is not necessarily acceptable as normal…

A: Spoilage:   Spoilage is the defective item in an intermediate or final stage. The spoilage goods…

Q: as fortuitous event? J

A: The pandemic issue has caused in an increase in breach of contract processes worldwide,…

Q: Which statement is incorrect in the measurement of a provision? * a. The risks and uncertainties…

A: Provisions are made when there is ambiguity about the relative price of discharge of these…

Q: Think of two [ of your ] real life examples about concervatism principle

A: Define Conservatism principle as follow

Q: What are the types of situations that result in troubleddebt?

A: Troubled debts can result in two different situations, which are as…

Q: how is it possible that the avoidable interest can exceed the actual interest

A: Interest Cost: The cost charged on the borrowings financed by the lender to the company is known as…

Q: Generally speaking, what kinds of reactions and events characterize the absorptive state? The…

A: Solution-   In an absorptive state, the amounts of nutrients are high. It is nothing but a fed…

Q: What are the requisites of notice of dishonor.? Explain.

A: Introduction:- A notice of dishonor is a legal notice tells or expressed that the bank will not…

Q: Is there a particular kind of interest here. Recognize the difference between "simple interest" and…

A: HERE IS THRE ANSWER:

Q: What is a guarantee? How can a guarantee be revoked or discharged

A: The guarantee represents the contract that the guarantor will perform the promise and discharge the…

Q: When should the defender be replaced?

A: When should the defender be replaced?

Q: Is "true and fair view" the same as truth? Give reason for your answer

A: true means that it is in accordance with truth or reality. fair means to be without any bias

Q: Which of the following is not a ground for the extinguishment of an obligation? O Condonation or…

A: Following is the correct answer

Q: Briefly comment on the following question or statement. (a) Describe approaches to minimizing legal…

A: Liability refers to as financial obligations in which the person or entity owes to another person or…

Q: Risk is the uncertainty that matters because it affects people’s welfare. Briefly define and give…

A: Diversifiable Risk: Unsystematic Risk is also known as Diversifiable Risk and can be defined as a…

Q: Why does the exclusion of the preemptive right ordinarily inconsequential?

A: Preemptive Rights: It is a contractual clause that gives the shareholders right or allows them to…

Q: The difference between simple interest and compound interest?

A: There is various difference between simple and compound interest.  Few of them are as follows-

Q: Which of the following conditions defines a contingency? O The uncertainty related to a contingency…

A: Contingency: A contingency is the possibility of a bad future event, such as an economic downturn,…

Q: What justifcation can one give for a fscal stimulus during the fnancial crisis?

A: Fiscal stimulus refers to increasing government consumption or transfers or lowering taxes.…

Q: What is an unasserted claim?

A: An unasserted claim or assessment is one in which the affected party or potential claimant has not…

Q: What is the unequal life problem, under what conditions is it relevant, and how should it be dealt…

A: Capital budgeting is the technique used for finding the profitability and liquidity of investment…

Q: In your own words, explain why moral consideration and past consideration usually do not constitute…

A: Consideration in legal terms means something in return. It can be understood with the maxim - quid…

Q: What is conflict of interest?

A: Conflict of interest: Conflict of interest occurs when a person derives personal benefits by…

Q: move. Is this the right thing to do? Is it fair? Briefly explain your answer.

A: Covid19 is the infectious disease caused by moist recently discovered coronavirus . This new virus…

Q: How does title insurance work? Why is it not absolute (fool-proof

A: Title insurance is that insurance product that is related to the world of real estate. It is an…

Q: Should they accept this special order?

A: In special order sales cases, question, sales orders should be accepted only when sales value is…