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Subcontracts frequently include penalty clauses to provide the main contractor defence into the case of the supplier’s poor performance. Why are penalty clauses not the complete answer to safeguarding the chief contractor’s position?
Penalty clauses only give for monetary compensation to be paid into specific specified conditions. Apart from the complexity of enforcing penalty clauses, they seldom give complete recompense for all the significances of a supplier’s failure – as business loss or public damaged like the consequence of late delivery or poor performance of a system.
QUESTION (a) Explain the 3 methods of calculating National Income? (b) Why do all countries in the world calculate their National Income every year, despite all the difficul
interaction between the two market force, demand and supply
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What is the capital-output ratio? Capital-output ratio: This ratio (k) is the amount of capital required to produce £1 of Gross Domestic Product generated, every year.
Problem 1 Different purposes of reading require different methods of reading. Describe the various ways of reading. What are the techniques that you can use to improve your rea
Consider another company, Lateco, which has just received its fifth round of investment. These rounds have been: Series A: CP ($5M FV) or converts to 5M shares of common. Se
how does the effect of inflation affect the spending ability of fixed income earners
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