or othewise..?

Question

(1.)A cost-plus contract is a construction contract in which

the contractor is reimbursed for allowable or otherwise defined costs,

plus a percentage of these costs or a fixed fee.

- 請問第2行, or otherwise 點解, 是adverb嗎?

(2)Exchange difference is the difference resulting from translating

a given number of units of one currency to another currency

at different exchange rates.

- 請問第2行, given 點解 ?

(3)Fair value is the amount for which an asset could be exchanged,

or a liability settled, between a knowledgeable,

willing buyer and a knowledgeable, willing seller

in an arm’s length transaction.

- 請問第最尾的 in an arm’s length 點解 ?

謝謝!

Answer 1

最愛解答

1. or otherwise defined costs

Otherwise in this context means in other respects (在其他方面)

the contractor is reimbursed for allowable or otherwise defined costs

= the contractor is reimbursed for allowable costs or costs defined in some other ways

Otherwise is an adverb.

2. a given number of units of one currency

Given means predetermined, or predefined.

3. arm's length transaction

= a commercial transaction done in accordance with market values, disregarding any connection such as common ownership of the companies involved

(ref: http://www.collinsdictionary.com/dictionary/englis...

Answer 2

Or other wise=adverb?

(1)otherwise(adv)=is reimbursted=pay back the money they have spent.

If the reimbursed money ,Or defined money were different=giving you a different amount=$N instead of $M.,

You'll be reimbursted for another defined costs.

(2)Given=adj.

Means stated how much(=100:00)

-----------arrangedd how much(=100:00)

eg:-HK$100:00=RMB 82:06

(3)Keep at arms length=to avoid having a close relationship with the buyer/seller. when cost and pay are clearly and fairly transacted.

eg:-The transaction was against any fault.