Define what you think contract consideration means

Assignment Help Operation Management
Reference no: EM13961315

Define what you think contract consideration means. Yes, there are three elements to consideration but rephrase the definition in another way? In a way that makes more practical sense to you? What if you had to describe contract consideration to someone who had no idea what a contract was legally about and had never taken a business law course? How would you explain it? Does the consideration from each party have to relatively equal? Why or why not? What could parties do to insure that the contract consideration is clearly understood and that each side is not making any mistakes in understanding?

Reference no: EM13961315

Questions Cloud

What will the rate of rotation of the collapsed star be : A star rotates about its axis through a diameter once in 50 days. At the end of its life the star collapses to one hundredth of its orginal diameter. What will the rate of rotation of the collapsed star be?
Types of projects would you expect to see in product plan : Conduct a search using the Internet or published corporate annual reports to identify the corporate strategy of a company in which you might be interested in investing. Learn about the firm's product lines and its newest products. How do these produc..
Under what scenarios will the siv market arbitrage model : Under what scenarios will the SIV market arbitrage model fail to work?
Explain the observation that lathrop makes about realism : Identify a particular syntactical choice that Lathrop makes in "The Novel and Its Future". Explain how this choice promotes his overall meaning.
Define what you think contract consideration means : Define what you think contract consideration means. Yes, there are three elements to consideration but rephrase the definition in another way? In a way that makes more practical sense to you? What if you had to describe contract consideration to some..
Watch espn on tv or visit its online site : Please watch ESPN on TV or visit its online site. Compare the coverage of women's and men's sports (particularly the same sport). What is the focus of the stories? Do they talk about the women's prowess as athletes or about their social lives..
What happened between you and him or them : Our instructor want us to write that we meet veterans and thank them for what do for The United States. I could not actually meet anyone so can you please write something about that. Just suppose that you meet and write a story about what happened be..
Calculate the capacitance of this capacitor : Half of the area within the plates is filled with paper and the other half is filled with air.
What must its frequency be to generate a maximum emf : A 2-cm by 1.5-cm rectagler coil has 300 turns and rotates in a magnetic field of 4000 G. What is the maximum emf generated when the coil rotates a maximum 60 HZ?

Reviews

Write a Review

Operation Management Questions & Answers

  Define how the futures market helps our economy

Define how the Futures Market helps our economy. What risk does the US face if there were no Futures market?

  Strategies for organization to increase employee motivation

Create a 6 - 8 slide Microsoft PowerPoint presentation analyze and interpret how employee motivation affects organizational behavior as well as three strategies an organization can do to increase employee motivation.

  State the vision and the goal of the project

Create an outline of an executive summary that includes the type of problem, requirements, and proposed business problem solutions. State the vision and the goal of the project. Create a table which contains the generic resources, including people, ..

  Peer-reviewed article that reports original research

Illustrate the business research and its purpose. Describe the business problem(s) under investigation.

  How can marketers use the vals information to serve

how can marketers use the VALS information to serve consumers better? Name five types of products or services for which the VALS information would be particularly useful

  The waiting time for a customer is normally distributed

Image text transcribed for accessibility: In a call center, the waiting time for a customer is normally distributed with an average of 65 seconds and a variance of 25 seconds.

  What are some unforeseen costs of erp

What are some unforeseen costs of ERP?

  What was the main cause and effect of the big layoff

What was the main cause and effect of the big layoff in 1980s? How did they revive from the difficulties? What was the main strategy they used

  While the nation as a whole may gain from free trade

While the nation as a whole may gain from free trade, and isolationist policies have proven to be non-profitable, certain regions, industries, firms

  High-quality hair-styling and physical relation services

Mr. K's is a very popular hair salon. It offers high-quality hair-styling and physical relation services at a reasonable prie, so it always has unlimited demand. The service process includes five activities that are conducted in the sequence describe..

  Whats best to find an optimal production plan

Global minimum manufactures bikini swimming suits. Their products demands are highly seasonal. The demand forecasts over the next four quarters are: Quarter 1 - 850 dozen suits, Quarter 2 - 1800 dozen suits, Quarter 3 - 1600 dozen suits, and Quarter ..

  Concept of comparative norm in determining basic wage rate

What is the concept of comparative norm in determining the basic wage rate? Why there are limitations to this approach?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd