Parties are not generally free to bargain as they wish

Assignment Help Operation Management
Reference no: EM131438307

1. Which of the following is TRUE ?

A. Parties are not generally free to bargain as they wish.

B. Cour ts typically consider the adequacy of consideration.

C. Rescission is the dissolutio n of a contract that returns the parties to the positions they held before the contract.

D. Two parties can mutually agree to rescind a contract unless it is executory.

2. Which of the following is FALSE?

A. For consideration to have “legally sufficient value,” it must con sist of goods or money.

B. A promise by one party to pay another for refraining from an act is enforce able.

C. A transaction that lacks a bargained - for exchange lacks an element of consideration.

D. Risks ordinarily assumed in business do not constitute consideration for the modification of a contract.

Reference no: EM131438307

Ultimate goal of effective strategic management

The ultimate goal of effective strategic management is to achieve and maintain a competitive advantage. According to Professor Stanley Abraham, “strategic management is nothin

Traceability enables

If the parties to a contract attach materially different meanings to a co n - tract term, the contract cannot be r e scinded. A contract is always enforceable even if one part

How much fertilizer should be added per pot

A greenhouse manager is growing house plants in 1.0 kg soil/pot and wishes to use a 10-5-5 fertilizer to mix uniformly into the soil to result in 15 ppm N in the soil. Show al

Use social learning theory learning theory

You have been asked by your boss to design a two-hour training program on harassment for a group of predominantly millennials. Your are told to use Social Learning Theory (SLT

The upper and lower control limits for the range chart

A company that produces ready-mix concrete in 50 lb bags uses SPC to study variation. They have taken thirty-five random samples, with 7 bags in each sample, weighing each bag

Increase capacity by adding new machine

Fabricators Inc. wants to increase capacity by adding a new machine. Current sales volume is 50,000 units per year. The fixed costs for the machine are $150,000 and its variab

Difference between speaking on behalf of the company

Generally, what is the difference between speaking "on behalf of the Company" and speaking "about" the Company? The policy states that "These Social Media Principles should gu

Business problems are basically information problems

Business problems are basically information problems because if a company had all the necessary information, it could solve the problems. Using the CSU Online Library, explore

Reviews

Write a Review

 
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