James Bond's offer has been accepted and he has removed all contingencies. Then he finds a betterhouse so he wants to cancel the current contract. Which of the following statements is true?He can walk away and take back his earnest deposit.He can walk away but he will lose his earnest deposit.verHe cannot cancel the contract because he has removed all contingencies

C He cannot cancel the contract because he has removed all contingencies.

Answered: James Bond's offer has been accepted…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Similar questions

Don't copy from other websites. Give me right answer with minimum 100 words. What are the essential elements for a binding contract between two parties?
Jenny and Chad, a couple of college seniors, send out birth announcements to their friends, including a local real estate agent named Mort. In the announcement, the couple informs everyone that they're looking to move out of student housing and into a starter home right after graduation. Mort gets right on the task of finding homes that fit their needs. Once he has a few properties on his list, Mort calls the couple and they schedule some showings. What form of agency, if any, exists between the couple and Mort? Actions of the parties have led to the creation of express agency. An explicit request for representation was made between the parties. Actions of the parties have led to the creation of implied agency. No agency relationship exists at this point between the parties.
Discuss the term “GOOD FAITH” and how it applies to negotiations.
You have sent you shipment to your international customer against a sales contract and submitted the documents including invoice and bill of lading. Your customer now develops cold feet and wants to pull out of the contract and does not want the goods anymore. Your customer thus refuses to receive the documents and clear the goods through customs in the importing country. You are now stuck in a situation where your goods are at a port terminal in a foreign country and you will not be paid. Explain how you will resolve the situation? Specifically what terms of payment could you have used that would "rescue" you when such a situation occurs? Clearly explain and provide justification as part of your answer.(Urgent please help, It's not an essay)
In the standard P-A model, P sets the parameters of the contract: the base pay k and the piece rate m. Suppose A would set the parameters. What statement is correct? a. Piece rate would be lower (to avoid spending too much effort) and base pay higher b. Piece rate would be the same and base pay higher (to extract a higher surplus) c. Both parameters would be the same d. Piece rate would be higher (to get a better pay per unit of effort) and base pay the same
What does the lender may require these contracts as a means of protecting against cost overruns that may occur if material or labor prices rise during development?
When was a time in personal or professional life where a goal affected the negotiation process? What was the goal, and how did it influence the negotiation?
If you are the project manager for a medical health services project and you need to procure medical supplies for the project, however after you have developed a contract and agreed with the local pharmaceutical company they send you correspondence that the prices have changed What would happen if the contract was not signed by the buyer and the seller?
7
Many negotiators do not think carefully about what they want before entering negotiations. One type of problematic negotiation behavior known as reactive devaluation refers to _____. Group of answer choices a negotiator who sets the target point too high and refuses to make any concessions a negotiator who overvalues the counterparty's offer a negotiator who does not know what he or she really wants other than not wanting what the other party is offering a negotiator who opens the negotiation by setting their target too low
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Case: Mr. Malik wants to buy 100 acres of land to construct a mega-project near Super Highway, where he provides a high standard of living with security and all facilities are available in this project to his clients. Where 100 acres of land belongs to some poor people who live nearby this land. He hires Mr. Owais and provides him Rs. 10 Million to vacate some land from these poor people. He threatens these poor people and forcefully makes a signature on the sale agreement. After a week he acquired entire 100 acres of land from these poor people and handed over all land to Mr. Malik & made above mentioned mega project. In the light of the above story following questions have been raised. A sale agreement from poor people is in written format. Does this agreement show that they sold their respective lands? Yes or No? Give reason to support your answer in Part A?

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James Bond's offer has been accepted and he has removed all contingencies. Then he finds a better house so he wants to cancel the current contract. Which of the following statements is true?