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Financial analysts may attempt to determine which of the following with simulation models?
Invitations
Offers or calls to attend, participate, or engage in a particular event or activity.
Offers
Proposals presented by one party to another as a basis for negotiations or a possible agreement in a contract.
Promissory Estoppel
A legal principle that prevents a promisor from revoking a promise when the promisee has reasonably relied on the promise to their detriment, thereby enforcing the promise to avoid injustice.
Governmental Contracts
Agreements entered into by government agencies with private entities or individuals for the supply of goods, services, or the undertaking of works.
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