How guaranty contracts are used in business

Reference no: EM132152222

Question: "Release from Contracts" Please respond to the following:

Determine under what circumstances a contract should be allowed to be rescinded because of a unilateral mistake. Provide one example of a situation in which this could be acceptable.

Consider how guaranty contracts are used in business and propose two situations in which a guaranty would be required.

Reference no: EM132152222

Questions Cloud

What tools do you use in your work environment : How was that function performed before the introduction of the tool? How has the tool effected your work efficiency and effectiveness.

Draw a scatter diagram for given data : Draw a scatter diagram for these data. Use your OLS estimates to predict the level of sales in an area in which £1000 is spent on advertising

How you would punish the wrongdoers : Research Wells Fargo's recent unethical business practices. Summarize what happened, who was involved and who was affected. Then give a recommendation.

What is the time for main memory to transfer a block : What is the time for main memory to transfer a block of size 64 to main memory.

How guaranty contracts are used in business : Determine under what circumstances a contract should be allowed to be rescinded because of a unilateral mistake. Provide one example of a situation.

Create a web page of international information for workers : Create a Web page of international information for workers and managers who are planning assignments in Germany.

Confidence interval for the population proportion : In a survey of 3135 adults, 1438 say they have started paying bills online in the last year.

How do you envision growth rates of revenue and profit : In regards to Facebook, how do you envision growth rates of revenue and profit in the next 5,10, 20 years and compare with the current growth rate.

Discuss various types of goods and services : List and discuss various types of goods and services omitted from measured GDP. What is " underground production"? Is it included in GDP?

User Account

All Pages