Analyze agreement in contract governed by common law

Assignment Help Operation Management
Reference no: EM132226397

You and your best friend, an art history major, just opened a business. Your business will provide services as well as sell goods. Your friend/business partner knows nothing about contract formation. Explain the basics by answering the three questions below.

(A) Identify and define the 4 elements of a valid contract.

(B) Explain how to analyze Agreement in a contract governed by common law?

(C) Explain how to analyze Agreement in a contrat governed by Article 2 of the Uniform Commercial Code? 

Reference no: EM132226397

Questions Cloud

One of the two areas of focus of learning organizations : Which of the following is one of the two areas of focus of learning organizations? Which of the following is one of the components of the strategic triangle?
Who asked you how to create diverse corporate culture : What recommendations would you make to someone who asked you how to create a diverse corporate culture?
Elastic provisioning of data storage is possible : Suppose that you work at Falcon Security and Joni tells you that she doesn’t believe that cheap, elastic provisioning of data storage is possible.
Even entry-level employees : Bob Smith is the CEO of an American company. All of his employees, even entry-level employees, call him "Bob" rather than “Mr. Smith.”
Analyze agreement in contract governed by common law : Explain how to analyze Agreement in a contract governed by common law?
Explain how you identify the consumer priorities : Explain how you identify the consumer priorities, needs and preferences affecting marketing mix.
Where does sergio marchionne fall on the leadership grid : Where does Sergio Marchionne fall on The Leadership Grid?
What are some tactics used by sergio marchionne : What are the primary sources of power used by Sergio Marchionne ? What are some tactics used by Sergio Marchionne?
Where does sergio fall on the leadership grid : Where does Sergio fall on “The Leadership Grid”. How would you discribe his intelligence?

Reviews

Write a Review

Operation Management Questions & Answers

  Firm level characteristics can affect worker productivity

Firm level characteristics can affect worker productivity as well, such as the amount of capital and technology available to workers,

  Disease control and prevention

You are an administrator at the Centers for Disease Control and Prevention (CDC) in Atlanta, Georgia.

  Propose one business-level strategy

Propose one business-level strategy and one corporate-level strategy that you would suggest the corporation consider. Justify your proposals.

  Firm proposed messaging and choice of communications vehicle

Give some recommendations regarding how the firm’s proposed messaging and choice of communications “vehicles” might be improved?

  Whose apprentice removed stone and refused to return

A chimney sweep found a jewel and took it to a goldsmith, whose apprentice removed the stone and refused to return it. The chimney sweep sues the goldsmith. A traveling salesperson leaving a store notices a parcel of bank notes on the floor. He picks..

  Explain the circumstances of price discrimination

Explain the circumstances of price discrimination and discuss the factors that made it possible.

  Components that must be present for a fire to occur

Explain the four components that must be present for a fire to occur. Explain why all four must be present.

  How does an understanding of personality theory

How does an understanding of personality theory provide a framework for Managers to most effectively lead personnel?

  The first step in the human resource planning process

The first step in the human resource planning process is. Imagine that you manage a car dealership affiliated with one of the big three U.S. automakers. Given the increasing complexity and variety of today's automobiles, it's impossible to train your..

  How can forbearance act as consideration

How can forbearance act as consideration? Explain the general rule where forbearance can and cannot be utilized as consideration to a contract.

  Deciding on the location of a new corporate data centre

Explain the issues that should be considered when deciding on the location of a new corporate data centre.

  Basic building blocks for consumer based brand equity

What are the basic building blocks for Consumer Based Brand Equity? Describe the prescriptive steps used in building a CBBE strategy for the firm.

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