Author Question: Explain the purpose of a force majeure clause.[br][br][b][color=#347235]Question ... (Read 83 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
Explain the purpose of a force majeure clause.

Question 2

Transfer restrictions:
 A) must be noted on the stock to be valid.
 B) are generally valid only in family-owned corporations.
 C) cannot be used to satisfy SEC restrictions.
 D) None of the above



mjbamaung

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

Its purpose is to excuse performance in circumstances not controlled by the parties such as political unrest, Acts of God (earthquakes, tsunamis, hurricanes), war, etc.

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

For a complete list of videos, visit our video library