Examlex
Which of the following statements is true about reward power?
Maximum Interest Rate
The highest rate of interest that can be charged on a loan, as dictated by law or agreement.
Contractual Duty
An obligation either to do or refrain from doing something, as set forth in a contract.
Unforeseen Circumstances
Situations or events that could not have been expected or planned for, often affecting the ability to fulfill contracts or obligations.
Additional Work
Tasks or projects that are added to the original scope of work, often requiring adjustments to contracts, timelines, and compensation.
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