A ________ is when one party in a financial contract has incentives to act in its own interest rather than in the interests of the other party.
举一反三
- （7）Breaches of Contract: If one party breaches the contract in such a way that the other side is totally deprived of what they expected from the contract, then the aggrieved party may "avoid" the contract (may consider the contract terminated and may suspend its own performance).
- The parties to an agreement normally resort to contract law when one party feels the other has violated either the letter or the spirit of an agreement.
- Which of the following is true concerning the Tory Party or the Whig Party A: The Whig Party no longer exists in Britain. B: The Tory Party has kept its unity until the present day. C: The Whig Party has taken the place of the Liberal Party. D: The Tory Party has taken the place of the Conservative Party.
- The conditions of the liability for the breach of contract include A: A、The fact of one of the contracting parties has breached the contract. B: B、Breach of contract caused loss to the other party. C: C、Breach of contract did not occur due to force majeure. D: D、The breaching party has subjective fault.
- Claims may be filed when ______ breaks the contract and causes losses to the other party in business.