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Discy Latest Questions

In: Financial Management

The __________ decision involves determining the appropriate make-up of the right-hand side of the balance sheet.

  1. dishakusum

    dishakusum

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    dishakusum
    Added an answer on June 24, 2021 at 12:56 pm

    Financing.

    Financing.

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In: Marketing

What are role of sales management?

  1. naskar

    naskar

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    naskar
    Added an answer on February 25, 2022 at 7:30 pm

    How to ace in sales field?

    How to ace in sales field?

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In: Business Law

Explain Characteristics of Contingent contract?

  1. Kritika

    Kritika

    • India , India
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    Added an answer on December 1, 2020 at 1:06 pm

    Among the major features of contingent contract is the dependency of its performance on the happening or non-happening of an uncertain event, collateral to the contract. What Is a Contingent Contract? A contract which is contingent or dependent upon the occurrence or nonoccurrence of some event is cRead more

    Among the major features of contingent contract is the dependency of its performance on the happening or non-happening of an uncertain event, collateral to the contract.

    What Is a Contingent Contract?

    A contract which is contingent or dependent upon the occurrence or nonoccurrence of some event is called a contingent contract. Insurance contracts are good examples of contingent contracts where the insurance company is required to compensate the policy holder only if a specified future event (accident, hospitalization, etc.) happens.

    Although a contingent contract is based upon an absolute promise to do something in the case of a specific future event, the promise is conditional in the sense that the party is liable to perform only if the said event happens (or does not happen).

    Based upon the conditions, contracts can be broadly classified into two types:

    • Absolute Contracts: An absolute contract has no condition and it must be performed irrespective of the circumstances.
    • Contingent Contracts: A contingent contract contains a condition which makes the parties liable to perform the obligations only if the event, collateral to the contract, happens.

    The parties to a contingent contract must perform their duties if the imposed condition is met. The contract becomes void if the condition is not met. Thus, contingent contracts are meant to be performed only under specific circumstances.

    All types of insurance, indemnity, and guarantee contracts are considered as contingent contracts.

    Contingent Contract Types

    Contracts contingent upon the occurrence of an uncertain event: These contracts become valid only if the uncertain event mentioned in the contract occurs. For instance, let’s say A and B enter into a contract wherein A promises to sell his goods in transit to B provided the goods safely reach the harbor. Since, the sale of goods by A is dependent upon a condition (that the goods reach the harbor), this is a contingent contract. If the ship does not make it to the harbor, the contract becomes void.

    Contracts contingent upon the non-occurrence of an uncertain event: Sometimes, a contingent contract may depend upon the nonoccurrence of an uncertain event. For example, if A promises to sell his goods in transit to B if the ship carrying the goods does not come back, then the contract becomes valid if the ship sinks in the sea; if it safely reaches the harbor, the contract becomes void.

    Contracts contingent upon the occurrence of an uncertain event within a specified timeframe: In these contracts, the event must occur within the period specified in the contract. For example, A promises to sell the goods in transit to B, if the ship carrying the goods safely arrives the harbor within eight days. If the ship comes on the ninth day or anytime thereafter, the contract becomes void.

    Contracts contingent upon the nonoccurrence of an uncertain event within a specified timeframe: For example, let’s say, A contracts to sell the goods in transit to B if the ship carrying the goods does not reach the harbor within eight days. Then, the contract becomes void if the ship arrives on the sixth day or anytime before eight days. On the other hand, if the ship does not come until eight days, the contract becomes valid; it does not matter whether or not it comes or does not come after the eighth day has passed.

    Contracts contingent upon an impossible event: If the performance of a contract is dependent upon an impossible event, such a contract is ab initio void, i.e., void right from the beginning. For example, A promises to pay B $7,000 if B marries C, who died five years back. Now, since C is already dead, it’s not possible for B to marry her. So, the contract becomes null and void.

    Features of a Contingent Contract

    • The performance of a contingent contract depends upon whether or not a future event takes place.
    • A contingent contract cannot be enforced unless the specified event takes place.
    • If the event on which the contract is based becomes impossible, then the contract becomes void.
    • A contract based upon the non-happening of an event becomes enforceable only when the event becomes impossible.
    • A contingent contract based upon how a person acts in the future is considered impossible to perform if such person acts in way that renders him impossible to act in the manner required by the contract within any definite period of time.

    If you need help with features of contingent contract, you can post your legal need on UpCounsel’s marketplace. UpCounsel accepts only the top 5 percent of lawyers to its site. Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies like Google, Menlo Ventures, and Airbnb.

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In: Project Management

why is risk management important in project management?

  1. [Deleted User]
    Added an answer on March 9, 2020 at 6:23 pm

    What is Project Management? Production management means planning, organizing, directing and controlling  of products or services, this whole process of managing production is called the Production Management. What is Risk Management? Risk Management is a process of identifying the threat or risk thaRead more

    What is Project Management?
    Production management means planning, organizing, directing and controlling  of products or services, this whole process of managing production is called the Production Management.
    What is Risk Management?
    Risk Management is a process of identifying the threat or risk that may affect investment the money in the projects.
    Importance of Risk Management

    • Risk Management helps to identify risk.
    • Risk Management helps in Growth and Development of Business.
    • Risk Management Improve Goodwill.
    • Risk Management Improve Performance of Employees.
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Answer
In: Others

what are the best education forums sites?

  1. afaq

    afaq

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    afaq
    Added an answer on March 12, 2020 at 5:45 am

    There are many Education forum.But I would like to share some popular website.These are follows: Shiksha.com shiksha.com is a one-stop-solution making course and college selection easy for students looking to pursue undergraduate (UG) and postgraduate (PG) courses in India and abroad; Quora.com QuorRead more

    There are many Education forum.But I would like to share some popular website.These are follows:

    • Shiksha.com

    shiksha.com is a one-stop-solution making course and college selection easy for students looking to pursue undergraduate (UG) and postgraduate (PG) courses in India and abroad;

    • Quora.com

    Quora.com is worlds best forum to getting the knowledge of anything. I personally use it to get some knowledge of anything,

    • Answerthepublic.com

    you type you are presented with an aggregated view of the questions & therefore a hint of the motivations & emotions of the people behind each search query.

    • Englishnotes.com

    Englishnotes.com is a question-answer platform for the of English Language and Literature. The site provides an opportunity to ask questions and provides the answers and build a brand online.

    • Commercenotes.org

    I know I am taking about same website. But I personaly  like this website and its content. you can ask and find the right question here.

    • CollegeDunia.com

    Collegedunia.com is an extensive search engine for the students, parents, and education industry players who are seeking information on higher education sector in India and abroad.

    • Careers360.com

    Careers360 seamlessly integrates millions of student and institutional data points with the user generated preferences of its more than 15 million+ monthly visitors, to build sophisticated Prediction and Recommendation products for the students to explore and achieve career plans, based on their interests and abilities.
    Note: This is my personal opinion. No promotion any website.

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In: Marketing

What is real-time marketing? Does this form of marketing help?

  1. nadeem

    nadeem

    • MBA (finance and operations)
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    nadeem MBA (finance and operations)
    Added an answer on July 18, 2021 at 12:18 am

    Advertising is one of the most important pillars of your marketing strategy, and it entails sending out advertising messages to big audiences (for various purposes such as promotion, information, and so on). As a result, considerable marketing research and a solid plan are required. Advertising reseRead more

    Advertising is one of the most important pillars of your marketing strategy, and it entails sending out advertising messages to big audiences (for various purposes such as promotion, information, and so on). As a result, considerable marketing research and a solid plan are required. Advertising research is primarily concerned with the following issues:

    • Who are your target customers?
    • Which mode/ medium of advertising works well for your product/service?
    • What is your planned budget?
    • What are your success metrics?
    • What should be included in your message?
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In: Investment

What is mutual fund?

  1. nadeem

    nadeem

    • MBA (finance and operations)
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    nadeem MBA (finance and operations)
    Added an answer on August 10, 2021 at 12:25 pm

    In 2019, 103.9 million people held U.S.-registered funds, according to the Investment Company Institute. Mutual funds are appealing to retail investors because of their ease of use, low cost, and immediate diversification. Mutual funds handle the work for you rather than you having to create a portfRead more

    In 2019, 103.9 million people held U.S.-registered funds, according to the Investment Company Institute. Mutual funds are appealing to retail investors because of their ease of use, low cost, and immediate diversification.

    Mutual funds handle the work for you rather than you having to create a portfolio one stock or bond at a time. Mutual funds are also extremely liquid, which means they are simple to purchase and sell.

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In: Financial Management

Which one of the following is / are the relevance theory? A.Gorden. B.Walter. C.Residual

  1. Purnima Shukla

    Purnima Shukla

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    Purnima Shukla
    Added an answer on February 8, 2022 at 4:00 pm

    Gorden

    Gorden

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In: Marketing

What is the Importance of Green Marketing?

  1. chandona11

    chandona11

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    chandona11
    Added an answer on July 18, 2021 at 10:01 am

    It's really useful post,[url=https://www.latestdatabase.com/greece-phone-number-list/]greece phone numbers [/url] thanks for sharing your information See more details....

    It’s really useful post,[url=https://www.latestdatabase.com/greece-phone-number-list/]greece phone numbers [/url] thanks for sharing your information See more details….

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In: Marketing

What do you mean by advertising campaign?

  1. naskar

    naskar

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    naskar
    Added an answer on February 26, 2022 at 10:18 am

    What is the difference between ad campaign and promotional campaign?

    What is the difference between ad campaign and promotional campaign?

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