Steven P. Finizio
1. What does ratify mean in simple terms?It means to officially approve or confirm something, like an agreement, to make it valid. 2. Can a contract be ratified if it’s void?No. Only voidable contracts can be ratified. Void contracts are invalid from the beginning and cannot be enforced...
“The contract stipulates that...” What does “stipulate” mean? A. suggest casually B. state clearly and firmly C. mention vaguely D. ignore 相关知识点: 试题来源: 解析 B。解析:“stipulate”表示明确规定,与选项 B“state clearly and firmly”意思相符;选项 A“suggest casually”是随意建议;...
What Does Contract Rate Mean? Contents [show] Every note and bond has payment terms that determine the total amount borrowed, interest rate, number of payments, and payment schedule. These terms are usually stated on the face of the bond or note. The contract rate is usually listed as an ...
Find out what that means and whether you can still make an offer on those homes. What Does Under Contract Mean in Real Estate? Under contract means that a property owner has accepted a buyer’s offer to purchase the property. Important terms, including the price, down payment amount, ...
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If, for some reason, Company A does not deliver on the new terms, it may be liable for the original contract because it did not satisfy the terms of the accord. An accord and satisfaction does not replace the original contract; rather, it suspends that contract’s ability to be enforced...
To tender a contract means to present to another person or a company an offer of money for a service, according to West's Encyclopedia of American Law. Tendering a contract is a common legal process for bigger projects -- those in which a business offers
What does “binding” mean? A. not effective B. having no force C. having legal force D. optional 相关知识点: 试题来源: 解析 C。解析:“binding”是有约束力的,即有法律效力,选项 C“having legal force”正确;选项 A“not effective”是无效的;选项 B“having no force”是没有力量;选项 D“...
“The contract must be executed properly.” What does “execute” mean? A. ignore B. postpone C. carry out D. cancel 相关知识点: 试题来源: 解析 C。解析:“execute”表示执行、实施,选项 C“carry out”与之意思相同;选项 A“ignore” ...