Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Legality While reading, pay close attention to the various ways in which an agreement may not be legal, including instances of usury, gambling, violation of Sabbath laws, agreements made to commit a crime or tort, and agreements made by a party without proper licensure. CONCEPT REVIEW: To be enforceable, contracts must have legal subject matter and must be able to be performed legally. They cannot violate either state or federal law. A contract overturned for illegal subject matter or for being illegal to perform is generally declared void. A contract need not be in violation of a statute to be illegal; agreements against generally accepted public policy are also illegal and unenforceable. Read the hypothetical below and answer the accompanying questions. Eugene's dream is to open his own restaurant. The only problem is he does not have the financial backing for this endeavor. He repeatedly tries to get a loan from a bank or other commercial lender, but he's denied each time. Desperate for the funds, Eugene gets the contact information for a loan shark and decides to enter into a private loan agreement. The only catch is that Eugene will have to pay an interest rate of 20%, which is double the maximum allowed interest rate in his state.
1. Although Eugene has some reservations about entering into the agreement, he accepts anyway. The situation in the case study above is an example of what type of generally illegal agreement? Explain why this type of agreement is generally illegal.
2. What would happen if this agreement actually occurred? In other words, how do states treat this type of illegal agreements once they are formed? Suppose that a court determined that both parties were at fault for this illegal agreement. What would the effect of the illegal agreement be? In other words, what would happen to the agreement if both parties are at fault?
Discuss whether you see marketplace competition as a positive or negative influence on the development of hospitals and health services in the U.S. Defend your position; offer example(s) to support your points.
Critical Question "What are the value conflicts and assumptions? Identify the value conflicts that could lead to agreement or disagreement with the following points of view, then identify the value priorities assumed by the writer.
1 to 699 lockets, $.90 each; 700 to 1,399 lockets, $.80 each; and 1,400 or more, $.75 each. Carrying cost is $0.18 per locket on an annual basis. What order quantity will minimize total cost?
Nutrifeed, a hog feedlot operation near Houston, Texas blends ingredients to make low cost teed tor its hogs. Oats and corn are the principal ingredients of the hog feed. The current costs tor oats and corn are 12 cents and 7 cents respectively. Form..
Without the knowledge of the population stadard deviation, find the Upper Control Limit and Lower Control Limit of sample means using 3-sigma. Find the Upper Control Limit and Lower Control Limit for the range using 3-sigma.
Why should business strategy drive IS strategy? Explain the commonality between organizational strategy and your own professional strategy. What is your professional strategy?
Effective qualitative interviews usually require that the researcher: adhere to set of questions determined in advance. Maintain an informal, friendly atmosphere. Remain as objective and detached as possible.
Assess where unions with American society are headed in the coming years. In your discussion, discuss the comparisons and contrasts from what is occurring in the workplace that impact either the acceptance or rejection of a union by workers.
desires to control inventory levels so as to minimize the sum of holding and order costs. It costs the firm $20 to place an order. Nike estimates its yearly inventory carrying costs
Which power bases lie within the individual? Which are derived from the organization? How are power and politics related?
You have been asked to come to a preliminary project initiation meeting that will result in the identification of the project sponsor and creation of the project charter.
What features have you found in Excel that would be useful to a management team? Describe how you would use these features? How might the management team use formulas? When and how might you use conditional formatting?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd