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Assume the parties want to modify an existing contract. When is consideration required to make a modification legal?
a) The contract is governed by common law.
b) The contract is governed by the UCC.
c) Both a and b.
d) Neither a nor b.
A truck driver is hired on as an employee and is tasked with driving 1000 pounds of grain from California to New York. There is one direct route that the employee is instructed to take. What if the truck driver was considered an independent contracto..
Compute the price of a 3.8 percent coupon bond with 15 years left to maturity and a market interest rate of 6.8 percent. (Assume interest payments are semiannual.) Is this a discount or premium bond?
How do legal concepts such as criminal, tort, civil, and so on, work to dictate the ways in which organizations must operate?
Discuss the market system and the need for ethics in business and distinguish it from the law and concepts of virtue and morality.
A container of ball-bearings valued at $25,000, currently located in Houston, TX, needs to be delivered to the Morton, IL plant. The standard shipment method takes 2 days. However, for an additional charge of $500, the container can be sent overnight..
What are the differences between the Six Step Policy Analysis - Patton and Eightfold Path – Bardach methods of policy analysis?
Discuss the key factors that impact location decisions. As an example, if locating a facility in India, what location decisions would a fast-food chain have to consider as compared to the location decisions of a software company?
What is the break-even point in units? How much revenue do we need to take in before breaking even?
There are several phenomena listed in the textbook that can potentially affect a project. Choose one, and explain how you, as a project manager, could be aware and prepare for the possible effect of its impact on a project.
You are the owner of a software technology firm located in Lafayette, LA. You have launched a new social media portal that will allow adopted individuals to trace their roots
a production plant with fixed costs of 300000 produces a product with variable costs of 40 per unit and sells them at
Alma has decided to purchase a cell phone with Internet access and must choose a rate plan. The “occasional-user” plan is $0.50/minute, regardless of how many minutes of air time are used. The “frequent-user” plan charges a flat rate of$55/month for ..
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