Social media sites such as Tik Tok, Facebook and Instagram all require users agree to their Terms of Service before they can proceed to the site. These Terms of Service are examples of O unconscionable Ousury O exculpatory O adhesion contracts.
Q: Every transaction in business creates a contract (agreement) between the parties. To determine…
A: A contract is an arrangement that establishes a legal obligation or liability between two or more…
Q: In an Offer to Purchase and Contract (form 2-T), the content of the form should NOT cover the O due…
A: Form 2-T refers to the Offer to Purchase and Contract form used in real estate transactions. This…
Q: Which is the best definition of a ‘general’ agent? a) An Agent who can only make a particular type…
A: The legal rules that govern the dynamic interaction between a principal and an agent are…
Q: Please explain what a noncompetition agreement is. Explain what makes a noncompetition agreement not…
A: A non-compete agreement is a contract wherein an employee promises not to enter into a competition…
Q: The Statute of Frauds governs contracts of a certain nature. Give me the history behind the Statute…
A: The Statute of Frauds was approved by an article of the Parliament of England for the prevention of…
Q: Which of the following is created once an offer has been unconditionally accepted? A. A conditional…
A: A binding contract is created once an offer has been unconditionally accepted.
Q: Hiren
A: The objective of the question is to record the journal entry for Crane, Inc. at the commencement of…
Q: Given that one goal of a contract is to avoid litigation, which of the following can be useful to…
A: A legally binding agreement outlining the terms and circumstances of a specific transaction or…
Q: When the principal in an agency relationship delegates the power to act on all materials that can be…
A: In the context of agency relationships, understanding the roles and powers of agents is crucial. An…
Q: State whether the following contracts are valid, unenforceable or illegal. a) Sam pays $10,000 to…
A: Before we can determine the validity, enforceability, or illegality of these contracts, we need to…
Q: 1. List the 4 parts of a contract. 2. Please put in your own words…What is the Objective…
A: Contract law is a branch of civil law that deals with the creation and enforcement of agreements…
Q: A guaranty type contract, where a 3rd party guarantees the payment for another, must be in writing.…
A: A guaranty-type contract, guided by the Statute of Frauds, holds a significant role in contractual…
Q: Margaret and Levi enter into a contract in which Margaret agrees to wash Levi's car once a week as…
A: The objective of the question is to identify the type of conditional contract in the given scenario.…
Q: Works at ABC Interiors. Janet is a designer who works with clients of ABC on interior design…
A: An individual can operate for an organization in a different manner. At the same time, the employers…
Q: Which of these contracts might be sold or transferred to a third party? How might this transfer take…
A: A transferrable contract is described as a contract containing the obligations and the rights that…
Q: Harold is a sales manager associated with TickTock Watches for the past thirty-five years; he was…
A: Retirement is the time in a person's life when they opt to cease working and retire from active…
Q: Prof. Robert Emerson and friends tell the story of the Piped Piper. Just as matters of heart are not…
A: The Contract Act describes all the provisions for the fulfillment of a contract. It also explains…
Q: Dwayne “the Rock” Johnson, stood outside the door for two hours to prevent Becky from leaving. Ed…
A: Please note that we are not suppose to provide external links as reference in the platform, however…
Q: Which of the following is correct about implied and express contracts? Implied contracts can be…
A: Contract law effectively establishes the process of agreement development, implementation, and…
Q: Which of the following contracts do not need to be in writing? OO Contracts that cannot by their…
A: A.State regulations typically mandate that some agreements, such as contracts, be in writing in…
Q: Which of the following is/are not true? a) Pure obligation is demandable. b) Obligation with a…
A: Every obligation or duty whose performance does not depend upon a future or uncertain event, or upon…
Q: On Chapter 12, Recognizing Employee Contributions with Pay; define Principal and define Agent. Also,…
A: Employee contributions with pay are essential to be recognized by any company. It helps in knowing…
Q: In a self-funded health plan for a commercial company, which entity bears the risk for the medical…
A: Self-funded health care, additionally known as Administrative Services Only (ASO), is a…
Q: Contractual disputes could be time-consuming, expensive and difficult. They can damage…
A: A contractual dispute arises when one or more parties involved in a contract disagree on the…
Q: Identify the three types of contractualmarketing systems.
A: The middlemen such as wholesalers distributors agents and brokers are important parties in a…
Q: Partnership agreements often include provisions that excuse partners from liability if they act in…
A: A partnership is a formal arrangement is an agreement between 2 or more business parties where these…
Q: What are the requirements for a valid and binding contract?
A: Any legally enforceable agreement is referred to as a "binding contract." That means that if you…
Q: A contract is a written, spoken or tacit (understood) agreement between two or more people, which is…
A: Agreements refer to the act of agreeing to something. An agreement refers to a promise or set of…
Q: Which of the following statements is CORRECT about beneficiary dispon A ОВ Ос D. By naming an…
A: The objective of the question is to identify the correct statement about beneficiary disposition in…
Q: With respect regarding to obligations and contracts 1. Can you give a Beliefs/misconceptions; 2. The…
A: a) Belief: Verbal contracts are not legally enforceable. Misconception: A common misconception is…
Q: If any of the owners decided eventually to sell any or all of their shares and had identified a…
A: The objective of the question is to identify the type of restriction on share transfer that would…
Q: n 2010, X and B agreed that they will pretend that they will enter into a contract of sale so that X…
A: ANSWER : Relative simulation: For this situation, the parties appear to settle for a contract…
Q: operations Manageme A contract of sale is distinct from other types of contracts because it has two…
A: A contract of sale is a contract in which a seller agrees to sell a specified quantity of a product…
Q: There are certain promises that are not considered consideration. As a business owner or…
A: A contract is an agreement between two or more than two entities or individuals in which the…
Q: Which disclosure notice is required for a single agent to change to a transaction broker? A.…
A: In real estate transactions, the transition from a single agent to a transaction broker involves a…
Q: a real estate broker may do all the following except A. disclose the highest price the buyer is…
A: In the realm of real estate transactions, there are several essential responsibilities that real…
Q: Aubrianna is about to sign a contract. What should she, at the very least, read carefully before…
A: Contracts are legally binding agreements with significant ramifications for all parties involved. As…
Q: 1. Which of the following describes when a person does not understand that a contract is being made…
A: A contract is a legitimately obligatory agreement that establishes and directs the rights and…
Q: You have a job bidding provision in the contract which says. Vacancies in bargaining unit…
A: Contract is a legally binding agreement which can be entered between two parties in an arms length…
Q: An intoxicated person who enters into a contract without appreciating the rights and duties which…
A: Contract defines a mutual agreement which states about a promise which both parties have agreed to…
Q: David is a licensed agent who typically represents homeowners looking to sell their house. As an…
A: The objective of the question is to determine the type of agency relationship that David, a licensed…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
