. Contract duties are obligations imposed by law. False 2. Contract law reduces the cost of economic transactions. true 3. A quasi-contract is not a contract‚ but a fiction created by the courts to prevent injustice. true 4. An agreement that is illegal is void. True 5. A contract need not be in writing to be enforceable. False 6. Specific performance is a limited remedy as it is only available for breach of contract to sell a unique item. True 7. A _____ is a promise or a set of promises
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nvq 2 3.1 When responding to a complaint you must be polite‚ apologise when needed‚ respond to the complaint as quickly as you can‚ if it is a written complaint make sure that the response is understood‚ inform the manager if needed and also ensure that the subject matter is being resolved correctly and inform the person that complaint that everything is being dealt with. 3.2 The Complaints policy is a recorded and documented procedure that is available to everyone‚ the complainant is listened
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provided at all. More on Definition of Free Rider Problem Public Good and a Free Rider Problem A public good has a classic free rider problem because the good has two characteristics: 1. Non-excludability – can’t stop anyone from consuming good 2. Non-rivalry – benefiting from good or service does not reduce the amount available to others. Therefore‚ public goods like national defence‚ street lighting‚ beautiful gardens may not be provided in a free market. A free rider problem is also said
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Finance 3715 Test 2 Practice Test 1. K.I. Airlines paid an annual divided of $1.18 a share last month. The company is planning on paying $1.50‚ $1.75‚ and $1.80 over the next three years‚ respectively. After that‚ the dividend will be constant at $1.50 per share per year. What is the market price of this stock if the market rate of return is 10.5 percent? a) $13.98 b) $14.07 c) $14.71 d) $18.10 e) $17.16 2. Callander Enterprises stock is listed on NASDAQ. The firm is planning to issue some new
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2. Discussion Questions • Mandatory Assessed DQ: Research the elasticity of beef and eggs in regards to price changes. How do supply‚ demand‚ and price controls interact to affect equilibrium price of eggs? Why do customers have a more elastic buying response to beef than to eggs? As we has discussed‚ elastic demands are placed upon items that are commodities rather than needs. The change of eggs prices are forced due to the demand. During the summer months‚ egg supply is higher and lower during
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ROLL NO:9 Q.EXPLAIN THE TERMS AND EXPLAIN HOW CAN HRC MANAGER HANDLE PROBLEMS RELATED TO THIS TOPIC? 1. CHANGE MANAGEMENT 2. DOWN SIZING 3. MANAGING DIVERSITY 4. EQUAL OPPURTUNITIES 5. MENTORING 6. TEAM MANAGEMENT 7. CRISIS OR TRAUMA 1. CHANGE MANAGEMENT Change management is a systematic approach to dealing with change‚ both from the perspective of an organization and
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stays away.” Types of Absenteeism: Absenteeism is of four types viz: 1) Authorized Absenteeism‚ 2) Unauthorized Absenteeism‚ 3) Willful Absenteeism and 4) caused by circumstances beyond one’s control. 1) Authorized Absenteeism: If an employee absent himself from work by taking permission from his superior and applying for leave‚ such absenteeism is called authorized absenteeism. 2) Unauthorized Absenteeism: if an employee absent himself from work without informing or taking permission
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allow personal feelings to get involved with how things really should be. Laws change daily and sometimes law enforcement officers‚ prosecution teams‚ and the corrections department don’t always keep up with the new laws and there changes. How do the 2 models of our criminal justice differ? The crime control model and the due process model of the criminal justice system in use today seem only to have one thing in common. That is that each model obviously wishes to control crime. Each model seems to
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From the scenarios‚ Lena explained to Chris and Erica that they need to determine how the surrounding restaurants in their selected location can impact their business. Suggest the key steps they should take to make this determination‚ and recommend at least three strategies they can use to differentiate their business from the other restaurants. Chris and Erica have to consider whether existing businesses will compact their new startup in a positive or negative way. Lena recommended that Chris and
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NT 1310 Unit 2. Assignment 1. Service Provider Types RBOCS (RBOC) is a term describing one of the U.S. regional telephone companies (or their successors) that were created as a result of the breakup of American Telephone and Telegraph Company (AT&T‚ known also as the Bell System or "Ma Bell") by a U.S. Federal Court consent decree on December 31‚ 1983. The seven original regional Bell operating companies were Ameritech‚ Bell Atlantic‚ BellSouth‚ NYNEX‚ Pacific Bell‚ Southwestern Bell
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