Which of the Following Apply to an Implied Contract

question 37

Multiple Choice

Which of the following apply to an implied contract?

• A) It is a legally enforceable agreement that arises from conduct.
• B) It assumes intentions.
• C) It has a relationship among the immediate parties.
• D) All of the above

Understand the functionality and application of Crystal Ball software in risk analysis and project management.

Identify and explain the processes involved in running simulations using Crystal Ball.

Define and apply the concept of critical paths in project management models.

Describe the process of defining assumptions in Crystal Ball.

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Definitions:

Perpetuity

A financial instrument that provides endless payments of a fixed amount of money, often used to model the value of stable companies.

Semi-annually

Occurring twice a year, or every six months.

Compounded

The method of calculating interest where the accumulated interest is added back to the principal sum, so that interest in the next period is then earned on the principal plus previously accumulated interest.

Principal

The original amount of money invested or loaned, before interest.