Both parties signed the contract with electronic signatures

Assignment Help Financial Management
Reference no: EM131938588

1. Linda was a guest in the Mardell Hotel. While walking across the hotel lobby, Linda slipped and fell on the wet floor and broke her leg. Linda required surgery to repair the broken leg.

Just prior to Linda’s fall, the hotel floor had been washed by the maintenance staff. The staff had placed a “wet floor” sign on the lobby floor. Linda now wants to collect damages to compensate her for medical expenses for her broken leg.

Is it likely Linda can collect compensatory damages to cover her medical expenses?

A. No, there was a sign posted warning about the wet floor; Linda assumed the risk by walking across the wet floor.

B. No, it is reasonable the hotel staff would need to clean the floor and after posting a warning sign, it is not foreseeable that people would walk on the wet floor and fall.

C. Yes, the hotel had a duty to protect guests from known harm on the premises of the hotel.

D. Yes, unless the warning sign was large and conspicuous.

2. Cable Corp. contracted online to buy several TV movies from Movies, Inc. Both parties signed the contract with electronic signatures. This contract is probably:

A. Valid and enforceable.

B. Valid and enforceable only if the UCC rules apply to the agreement.

C. Unenforceable under UCITA because electronic signatures are not valid in 2017.

D. Unenforceable because it was not a click-on contract.

Reference no: EM131938588

Questions Cloud

About interest rate swaps : Which statement is FALSE about interest rate swaps. Which is NOT a reason to use swaps to manage a bank's duration gap?
Discussed the term structure of interest rates : In class we discussed the Term Structure of Interest Rates, expressed graphically in what is known as the “Yield Curve”.
The repricing gap model focuses on changes : The "repricing gap" model focuses on changes in the ____________ of a bank
When bank relies on policy of purchased liquidity : A currency swap is. When a bank relies on a policy of "purchased liquidity," it will generally be using more expensive funds.
Both parties signed the contract with electronic signatures : Cable Corp. contracted online to buy several TV movies from Movies, Inc. Both parties signed the contract with electronic signatures. This contract is probably.
When bank relies on policy of purchased liquidity : When a bank relies on a policy of "purchased liquidity," it will generally be using more expensive funds.
Both computers and management knew at the time the contract : Both Computers and Management knew at the time the contract was formed that the business and land were actually worth $1,000,000.
Requests for funds under existing loan commitments : CSUN National Bank is experiencing an unexpected and large number of requests for funds under existing loan commitments.
Binding arbitration to resolve the dispute : Wendell and Langdon signed business contract with clause that provides that if dispute arises they will submit to binding arbitration to resolve the dispute

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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