Which of the following statements most adequately describes the contract law concept of consideration? O Services Money O The thing of value given for a promise O Doing something nice for another
Q: of the following will make a contract voidable? here is only a unilateral promise. he subject matter…
A: The validity and enforceability of a contract lie at the core of any business transaction, legal…
Q: Standard form contracts are just as enforceable between businesses as contracts that result from…
A: Standard form contracts refer to the contracts between two businesses or parties that do not permit…
Q: To what extent does the law of frustration enable clear advice to be given out for specific…
A: Law of frustration is a part of contract in which both parties are ready to fulfill there part but…
Q: Discuss methods of contract avoidance, resolution and settlement of disputes. What do you think is…
A: A contract is a type of legal agreement undertaken between two or parties with their free consent.…
Q: An executed contract is a contract that has been written by an executive. Group of answer choices…
A: An agreement that has been fully negotiated, examined, and agreed upon by all parties concerned is…
Q: coinsurance provision may be included in which of the following types of poses Accidental Death and…
A: The question is asking to identify the types of insurance policies that may include a coinsurance…
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: Good faith bargaining refers to items in collective bargaining that a party must bargain over if…
A: Negotiations This can be defined as a formal discussion that is held between two or more parties…
Q: What you understand by each of the following expressions in a negotiation situation:…
A: Negotiation refers to the process of coming to an agreement on some common grounds by taking the way…
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: What is a contract law, specifically focusing on offer and acceptance?
A: A contract is a legally enforceable agreement between two or more parties where each assumes a legal…
Q: If a contract was found to be ambiguous, would you rather be the person who wrote the contract or…
A: Law plays an integral role in making the judgements related to complex situations. It helps in…
Q: Which is NOT currently true of psychological contracts (as discussed in class and in the text)? O…
A: When there is an agreement between two individuals or parties that legally binds them is known as a…
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: a) What is an exclusion clause? )What must a party show if he or she wants to rely on an exclusion…
A: A. Exclusion Clause: Exclusion Clause may be defined as a 'clause in a contract or a term in a…
Q: What is the difference between a contract and a verbal agreement? How do you ensure that a contract…
A: A contract is a legally binding agreement between two or more parties that outlines the rights and…
Q: Product should have exchange value and must be capable of being exchanged between seller and buyer…
A: Leadership is the act of leading a group of people or an organization. It helps in motivating…
Q: If an insurer wishes to cancel a health insurance policy, it can do so: OA B. O C O D. in Florida as…
A: The question is asking about the ways an insurer can cancel a health insurance policy. This involves…
Q: There are several types of employment relationships that affect the hiring and firing of employees.…
A: Employment laws are a set of legal rules and regulations that govern the relationship between…
Q: In negotiation, having your first offer immediately accepted by the counterparty is likely to lead…
A: Two or more parties negotiate to reach an agreement or resolve a disagreement. It's a give-and-take…
Q: What are some of the advantages of creating contingency contracts? What are some of the…
A: Below is the solution:-
Q: Contracts are very important in today’s world. The courts use the Objective Theory of Contracts to…
A: I agree with the statement that the Objective Theory of Contracts can be too narrow and that the…
Q: Is it better to have a single set of rules for all types of contracts, or does it make sense to have…
A: Mutually recognized and agreed-upon legal arrangements between two or more parties are known as…
Q: Describe w hat are the key elements required to establish a contingent contract?"
A: A contingent contract is a distinctive form of agreement in which the performance of contractual…
Q: Lou-anne is a member of her employer's registered pension plan. Her employer contributed $5,000 to…
A: A corporate pension plan, also known as an employer-registered pension plan, is a retirement savings…
Q: In the context of a court case process, what is the definition of rejoinder?
A: A rejoinder is the defendant's answer to the plaintiff's replication. A rejoinder affidavit is a…
Q: You have a job bidding provision in the contract which says. Vacancies in bargaining unit positions…
A: Recruiting the right candidate could be a challenging task for the recruiter. The job requirement of…
Q: The personal feature of property insurance contracts means that: * OA) subrogation always applies B)…
A: In the context of insurance contracts, the term "personal feature" refers to aspects or…
Q: what are the legal risks of companies that use contracts employees? provide an example
A: The most common is breaching of contract: companies after hiring may demote or remove employee from…
Q: You'll read about "Adhesion Contracts" which are a type of contracts that are challenged more often…
A: Business ethics involves a wide range of issues, including corporate social responsibility,…
Step by step
Solved in 4 steps
- what is the functionalist view on zero hour contracts?What are discretionary (voluntary) benefits programs and explain three of them (e.g., 401k, Employee Assistance Program, and Health Insurance)If the seller has already sent a counteroffer to one prospective buyer and then receives another offer from a second prospective buyer that is even better: They are free to respond to the new offer from the second prospective buyer without withdrawing their counteroffer to the first prospective buyer. They should withdraw the counteroffer to the first prospective buyer before responding to the new offer from the second prospective buyer. They must tell the first prospective buyer about the new offer from the second prospective buyer and give the first prospective buyer an opportunity to match the new amount. They cannot do anything until they hear back from the first prospective buyer +
- The sale or transfer of a partner's transferable interest is a(n) act of the partner. Multiple Choice involuntary state-mandated voluntary federally mandatedA steak house and their steak purveyor are in negotiations about product delivery. The parties reach an agreement, but then agree to explore other options with the goal of finding another option that both parties prefer more than the current agreement. This situation is an example of a _____. Group of answer choices post-settlement settlement multiple equivalent simultaneous offer logrolling presettlement settlementAdvanced) In some countries, there are restrictions on the length of a contract to rent an apartment. Suppose the restriction is that contracts must last for five years. In response, some people sign private agreements to rent for shorter durations, such as a year. What are the problems that might arise from signing these private agreements? What happens if there is a dispute? What role might reputations play in the enforcement of these private agreements?
- Please create an employment contract. You can decide to act as the employer or employee on the contract. Make sure to look at a variety of New York employment contracts and use the typical language seen in the contracts.Be careful when the counterparty discloses their BATNA at the outset of the negotiation. When the counterparty discloses his or her BATNA at the outset of the negotiation, negotiators often respond with all of the following actions, except _____. Group of answer choices disclose more truthful information settle for less profit make less demanding offers make more extreme demands for money and timeWhy have the government agencies generally resisted the idea that the contracting officer should be required to negotiate with all firms that submit proposals?
- a) List the five requirements for contract formation and give a short (approximately 1–2 sentences) description of each requirement.b) Choose one of the requirements from your answer to (a). Write a short (approxi- mately 5–10 sentences) example of a contract that does not satisfy this requirement and explain why.If a loan shark promises you $500 if you will rough up one of his nonpaying customers to encourage prompt repayment, what sort of contract is this? a.Valid b.Void c.Voidable d.EnforceableReflect on what you have learned about the various types of contracts and how that relates to working in the health care industry. How do you expect to apply what you have learned to your career in health care? As you reflect on the information in this chapter, what topics would you like to learn more about? What will you do to further that learning?