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..
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).

Reviews

Write a Review

Management Theories Questions & Answers

  Standards requires employers to provide employees with infor

Which of the following standards requires employers to provide employees with information about physical and health hazards related to chemical use in the workplace?

  Establish and emphasize ethical practices in your firm

What actions could you take to establish and emphasize ethical practices in your firm?

  Compare and contrast the different methods

Compare and contrast the different methods available for collecting survey date

  The atmosphere at a small technology firm

The atmosphere at a small technology firm in California is always confusing and chaotic. Employees are under constant pressure to meet deadlines, and expectations frequently and suddenly change. Despite the lack of clarity, supervisors frequent..

  Examine the invention and growth of crowdsourcing in the

crowdsourcing in the field of interface design takes tasks traditionally performed by specific individuals and spreads

  What characteristics do job knowledge

What characteristics do job knowledge and job sample tests have that often make them more acceptable to the examinees than other types of tests?

  Develop set of recommendations that could enhance strategy

Describe the elements of the existing brand and positioning strategy in the main body of the content. Evaluation of the present strategy employed by the organisation.

  Buster was hired to revamp the processing center

Buster was hired to revamp the processing center for the Federal Education Institute.

  Meaning of debtor management

Meaning of Debtor management

  Describe and discuss the alcans organization from the

describe and discuss the alcans organization from the perspective of its current it operating technology or the it

  From how many transport companies will you request a quotati

From how many transport companies will you request a quotation

  Personalization of the company website

Choose a company that you work for or would like to work for that sells a specific product.

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