Solution-What is needed to create a binding contract

What is needed to create a binding contract

Assignment Help Management Theories

Reference no: EM13669470

Let's say you own a used car business and offer to sell a customer a used car for $5,000. What is needed to create a binding contract for the sale of the car? If, when the customer wants to go for a test drive, the salesperson drives into a tree and is injured, is your company liable? Why, or why not?

Reference no: EM13669470

Questions Cloud

Create a sample system deployment plan : Explain what resources are required to ensure the plan is successful - Make sure to include information about which application functions are going to be used.

What about being a lawyer interests you : What about being a lawyer interests you

Explain the difference between private law and public law : Explain the difference between private law and public law.

What is needed to create a binding contract : Let's say you own a used car business and offer to sell a customer a used car for $5,000. What is needed to create a binding contract for the sale of the car? If, when the customer wants to go for a test drive, the salesperson drives into a tree an..

Would the case fall under criminal or civil law : You own a moving company. One of your workers let go of a chair he was carrying up a staircase. Unfortunately, a tenant of the building waswalking up the stairs at the time and was seriously hurt in the incident. Can your company be sued? Would the c..

Standard industrial classification : Understand different industrial sectors using the Standard Industrial Classification - Understand factors that determine business location both within the UK and internationally

Taking care of your cyber health : Taking Care of Your Cyber Health

Compute the continuous rate of return : Compute the continuous rate of return, standard deviation, and variance for each stock and construct the var-covar matrix for your portfolio - construct the global minimum variance portfolio (GMVP).

User Account

All Pages

What is needed to create a binding contract

Reference no: EM13669470

Reference no: EM13669470

Questions Cloud

Reviews

Write a Review

Management Theories Questions & Answers

Heavy-duty electric motors used in machine tools

Contrast lower-order and higher-order

The retirement benefit crisis

The harvard referencing system

Why do the perceptions of employees vary

Differentiate between incrementalism and marginalism

Impacts businesses the most

A new set of redial tires is guaranteed by manufacturer

What outcomes does job satisfaction influence

Effective management

What were give ups

Implementation and drive organizational change

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT