4. What is the memorandum of settlement? Management's agreement to bargain with the union in good faith The union's agreement to bargain with management in good faith The signed collective agreement that has been ratified by both parties as well as their constituents A summary of the terms and conditions agreed to by the parties

A memorandum of settlement is a agreement between the buyer nad the sellers guarantor in case of an…

Answered: . What is the memorandum of…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Fourteen applicants for a city of Providence, Rhode Island, police academy training class each received from the city a letter stating that it was a "conditional offer of employment" subject to successful completion of medical and psychological exams. The 14 applicants passed the medical and psychological exams. However, these applicants were replaced by others after the city changed the selection criteria. Can you identify an offer and acceptance in this case? Can you make out a bilateral or unilateral contract? Why or why not? Provide a rationale or explain how you came to this conclusion.
Read the following scenario and answer the question in 5–10 sentences. Fred and Frank have been operating a seasonal outdoor maintenance and landscaping business for the last three years under the name F & F Maintenance. There was no written partnership agreement. During the nonoperational winter months, Fred spends his time in Costa Rica, while Frank stays in town. In January, Frank was approached by an existing customer with a request that F & F build and install a bleacher stadium and football field for the local middle school. Frank advised the customer that, while he had no direct experience with this type of project, he was sure that he could subcontract any work that was needed. Neither Frank nor Fred had any previous experience as a general contractor. Experience aside, Frank signed a contract to complete the project for $200,000, taking a down payment of $50,000 with the remaining amount to be paid after passing inspection. At the inspection, the inspector determined…
In what ways (at least 3) can mediators be helpful in resolving labor contracts?
Is obligating the breaching party to comply with the terms of a contract in addition to paying reparations an equitable relief mechanism called specific performance?
In a word document start the first six sections of your bargaining agreement as indicated below: Preamble Article 1 – Definitions Article 2 – Parties, Recognition and Representation Article 3 – Management Rights Article 4 – Employee Rights Article 5 – General Employment Policies & Conditions Refer to Pacific County Bargaining Agreement: Do not copy and paste please thoughtful in defining each section of your agreement. Include a title page with the name of your company and the name of the bargaining unit that is represented. Additionally start a table of contents. The paper should contain one (1) inch margins on all sides, page numbers in the bottom left corners. All paragraph sections are to be double spaced, justified and all headers should be centered and bolded. Each section should be on a separate page. Please be original and please have fun!
16. Why are restrictive covenant clauses controversial? They are controversial because they allow people to create contract terms that restrict their future right to alter those same contracts They are controversial because they allow people to create contract terms below the otherwise legislated minimum standards of work They are controversial because they seem to pit two legitimate interest against each other: the right of trade against the right of contract
Provide the legal definition of a contract.
Conditions precedent Multiple Choice Render a contract frustrated Render a contract void at the option of the injured party Must occur before a contract can be cancelled Must occur before a contract is enforceable Render a contract void immediately
There are three legal remedies for breach of contract: Which of these is not one of the remedies for breach of contract? Imprisonment Restitution Payment of damages O Specific performance of the contract
Draft a bilateral contract using the following facts: Alice Parent wishes to hire Betty Chuckles to perform as a clown during her son's birthday party. Betty charges a fee of $150.00 to perform
In relation to Consideration select the CORRECT statement:Select one:To be valid, the agreed price and the goods sold, must be of equal value.Consideration can be vague or illusory as long as it was communicated to the other partyConsideration is the exchange of something of value (a thing, a promise, money etc), given in return for something else of value (a thing, a promise, money etc)Consideration is not necessary to form a legally binding contractTo be valid, Consideration must involve payment of money, in return for something of value.
Which of the following is true of a severable contract? Multiple Choice It must be enforced or rejected in its entirety. It contains multiple parts that need to be performed collectively. It has both legal and illegal portions in the contract. It needs complete performance by both parties.

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		Management's agreement to bargain with the union in good faith
		The union's agreement to bargain with management in good faith
		The signed collective agreement that has been ratified by both parties as well as their constituents
		A summary of the terms and conditions agreed to by the parties