3.5 Name the TWO parties to a contract.
Q: Bill and Marla each own an undivided interest in a house that will pass to the survivor when either…
A: Option C is correct. When two or more individuals own an undivided interest in a property that will…
Q: Question 11 options: True False In order to agree to an offer, the offeree must know of the…
A: When an individual either agrees or denies to perform or not perform any act, along with obtaining…
Q: 5. From taking care of risk perspective what should be done if the Impact of risk is high and…
A: In basic terms, risk is the chance of something awful happening. Risk involves vulnerability about…
Q: A. Find 2 legal cases related to contract, recruitment or forms of business.
A: Case 1: Contract Dispute - Carlill v. Carbolic Smoke Ball Company (1893)Introduction: Carlill v.…
Q: Identify the type of contractual clauses in the following scenarios. Q.3.4 Samantha concludes a…
A: Time performance clause - A time of performance clause designates the time frame within which…
Q: An agreement may be unenforceable because one party misrepresented a bargain. True
A: Many times misrepresentation is done by the parties involved in the business agreement. The details…
Q: Site the difference between contract and agreement. Does contract could be an agreement? does…
A: The terms "contract" and "agreement" are often used interchangeably, but there are some key…
Q: b. Explain the meanings of flexibility. Examine its implication for skills, type of contract and…
A: Employees report high job satisfaction end to achieve higher productivity. The employees keep safe…
Q: What is 4 type of contract before enter business
A: A contract is the finest technique to validate that you and the other party accept and reach an…
Q: DATE! 2. Ed Silver Dog Food Company wishes to introduce a new brand of dog biscuits composed of…
A: EDS dog food company introduces a new brand of biscuits. New brand biscuits composechicken and liver…
Q: What are the kinds of obligations? Site the difference between contract and agreement.
A: Meaning:- There are several kinds of obligation, including legal obligations (such as obeying the…
Q: identify and discus all possible moral dilemmas from this scenario and formulate appropriate…
A: Introduction: The term Business refers to an exchange of goods and services between the buyer and…
Q: Which of the following covenants not to compete would be void? Question 79 options: The…
A: The framework of law that controls agreements between parties is known as contract law. It lays out…
Q: List one (1) strengths and one (1) weaknesses of contract team
A: In today's fast-paced business world, organisations are increasingly relying on contract teams to…
Q: Q.3. “It is evident that the PPDA is the real body for public procurement and disposal activities…
A: In Uganda, the Public Procurement and Disposal of Public Assets Authority (PPDA) is critical in…
Q: Activity 1. Directions: Identify the parts of a brief proposal below. Twin Cities Gas Corporation…
A: A business proposal is the document written by the business for the client who is considering an…
Q: Acceptance to an offer must be done expressly by stating your acceptance to the offer. Question 1…
A: You have posted multiple questions, as per the authoring guidelines we will be answering the first…
Q: A legal contract is formed, only when, an offer is presented and consideration is exchanged?
A: Detailed explanation: A legal contract is formed not just by an offer being presented and…
Q: Define management contracting?
A: Management contracting is a settlement between investors or proprietors of a project, and a…
Q: Question 4 On January 1, 2024, Santee Company leased equipment, with a fair value of $25,771, to…
A: The question presents a scenario where Santee Company (the lessor) has leased equipment with a fair…
Q: Q.1 The main consequence of the principal-agency problem is agency costs: These are the sum of…
A: The expenses incurred to a company due to actions of an agent, while those actions are as per order…
Q: Question 12 The owner shall pay the feeder (grower) $.70/head/day for cattle on feed during the…
A: Since you have asked multiple questions, we will answer the first question for you. If you require…
Q: Q.23. What are the essential elements of a valid contract?explain elaborately?
A: Agreements refer to the act of agreeing to something. An agreement refers to a promise or set of…
Q: tate the conditions under which an owner reasonably can call for competitive bids for a lump-sum…
A: The owner may request a competitive bid for a contract as follows:1. Complexity and Scope: If a…
Q: alcohol will automatically have the choice to make void any contract entered into while under the…
A: Since you have posted multiple questions, we will solve the first 3 questions for you as per our…
Q: The Hotels’ Management Contracts are considered as one of the moat important contracts in the…
A: There has been a gradual shift in the hotel investment industry in the past few decades. The hotel…
Q: Question 27 Hanna has an existing claim for $500 against Archie. Hanna and she will accept $250 and…
A: In this scenario, Hanna and Archie have reached a new agreement where Hanna agrees to accept $250…
Q: A.Explain FIVE of the main responsibilities of a contract manager B.Illustrate the…
A: A. Contract managers have some significant responsibilities as follows. 1. Develop proper planning…
Q: 27) Choose the advantages of payback period. a. Low calculation costs b. None of the options c.…
A: Selecting a model by using the right approach will help in completing the work with efficiency, so…
Q: Q2. A cost-plus-incentive-fee contract has the following characteristics: Target Cost = $1,000,000…
A: Given - Target Cost = $1,000,000 Target Fee = $100,000 Benefit/Cost Sharing Ratio for cost overruns…
Q: QUESTION 19 An apprenticeship contract is one whereby a firm owner undertakes to provide full…
A: "Since you have posted multiple questions, we will provide the solution of only to the first…
Q: List the type of Negotiations?
A: In order for two or more people or organizations to reach an agreement, negotiation is a strategic…
Q: Question 16 What a party said when entering into a contract is a subjective fact. True False
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: - QUESTION 1 Green Tea 4 Life Ltd has requested your help in preparing their financial statements as…
A: In this scenario, Green Tea 4 Life Ltd, as the lessee, is required to recognize both the…
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- Question 1 Contractual relationships between parties of a contract are defined via of this contract O the explicit terms O the implicit terms both the explicit and the implicit terms O neither the explicit nor the implicit tems Next AA d0 ENG $31 PM 7/10/2020 e Need HelpHandwritten words are given less importance by the court than preprinted words on a written contract.Question 11 options: True FalseIn order to agree to an offer, the offeree must know of the offer.Question 12 options: True FalseAn advertisement is an offer for a sale of an item by express contract.Question 13 options: True FalseAny modifications to the offer by the offeree, modifies the offer and makes it a counter offer.Question 14 options: True FalseUniform Commercial Code covers contracts relevant to sale or lease of goods.Question 15 options: True FalseCase 5: Mohammed wants to sell his bike and he gives an advertisement. In the advertisement it is mentioned that a fastest bike is available for sale at 5000 OMR. Omar is interested in this offer and Mohammed says that it can be driven at the speed of 500km/hour in the normal roads. Omar is mesmerized by the offer and agrees to buy. Question a. Is the contract in this case enforceable by law? Explain why or why
- Question#2 A) Differentiate between Contract Vs Agreement B) Differentiate between Civil Vs Criminal Law C) Draw a chart of different types of contract in details. Note:- Donot Copy paste from internet Sources, it will be better if you write in your own wordsQuestion 3Identify and explain any five circumstances under which a partnership may be terminated.There does not need to be any exchange of words for there to be an implied contract. Question 24 options: True False When an illegal contract is executed upon, the court normally will leave the parties where it finds them even if partial performance has occurred. Question 25 options: True False A person who has injested drugs or alcohol will automatically have the choice to make void any contract entered into while under the influence. Question 6 options: True False
- No hand written solutionName Nature of Gontracts Guiz 1. A unilateral contract is a type of ontrast in which each party plays two roles: a promisor and a promisee, True False 2. A bilateral contract is a type of contract in which both parties play two roles: a promisor and a promisee. True False 3. For a contract to be valid, each party to a contract must receive something of value for their efforts, What is the legal term used to describe the value that each party receives? 4. For a contract to be valid, each party must have the same understanding of what is contained in the contract. What is the legal term used to describe this common understanding of the contract terms? 5. For contracts to be considered legally binding, they must be established based on lawful subject matter. Which of the following are not requirements that the subject matter must meet in order to be considered lawful? (Select all that apply.) The subject matter does not violate any fundamental dictates of common law. The subject matter…Question 6: 2 TASTYCHICKEN LLC a food processing unit located in the Rusayl Industrial Estate has approached SECURE & RELIABLE INSURANCE SAOG to insure their factory, assets and storage facilities located across Oman. Explain how SECURE & RELIABLE INSURANCE SAOG will determine whether to accept this business and if yes on what terms.
- Q.1.4 Parties who wish to enter into a legally binding contract must have the necessary legal capacity to enter into a contract, otherwise the contract will not be valid. Q.1.4.1 Explain the difference between contractual capacity and legal (2) сарacity. Q.1.4.2 Explain whether it is possible for a legal subject to possess one of the (3) above forms of capacity without the other and justify your answer.Contract Management and Administration Q.3 a) Usually, in contract management, contractual deliverables are spelled out even before the project is implemented. As an expert in this field, make a three (3) paged presentation describing how you can prepare for contract management and why? b) With locally generated examples, explain what is involved in the actual and post-contract management process.QUESTION 27 Which of the following is an example of a contract that lacks legality? O a. A contract to purchase a car from a licensed dealer Ob. A contract to provide consulting services OC. A contract to rent an apartment for a year Od. A contract to purchase illegal drugs QUESTION 28 What is a breach of contract? Oa. A contract that is void and unenforceable O b.A negotiation process to resolve contract disputes OCA legal document that outlines the terms of an agreement O d. A failure to perform a duty as specified in a contract Show Transcribed Text QUESTION 29 3 QUESTION 30 C Which of the following is NOT a remedy for breach of contract? O a. Specific performance O b. Rescission O c. Damages O d. Arbitration Which of the following is a factor that can render a contract voidable? Oa. Undue influence Ob. All of the answers are correct OC. Mistake O d. Duress
