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BlackZzzverrR [31]
3 years ago
7

What is required to have a legally valid contract?

Business
2 answers:
ale4655 [162]3 years ago
7 0
<span>D.) The contract must represent a valid agreement between parties and an exchange of something of value between parties must have occurred or been promised to occur.</span>
kykrilka [37]3 years ago
4 0

The answer is: D. The contract must represent a valid agreement between parties and an exchange of something of value between parties must have occurred or been promised to occur.

To be valid, the agreement must be made voluntarily by all the parties involved. (noone was forced to sign the agreement under threat). The contract also need to completely specify in writing the responsibilities from each parties along with the obligations that they have to do to one another.

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Which of the following describe strategies that China used to achieve the status of a high-performing Asian economy? Check all t
xenn [34]

Answer:

Export of labor-intensive products

Heavy investment in building a world-class infrastructure to attract foreign investment

Explanation:

The population of China is the highest in the world, hence they concluded that they needed to use their number to their own advantage by adopting a labor-intensive production technique which enables them to export their products as well as ensuring a higher percentage of the populace is gainfully employed, little wonders how China products are available the world over.

Also, they provided  world class infrastructures which serve as incentives for foreign direct investment, for instance Apple moved its main factory to China due to the cheaper and available workforce coupled with the state of the art technological infrastructural development achieved by the Chinese people.

3 0
4 years ago
Read 2 more answers
Rues and West Inc. is an automobile manufacturing firm. It produces and assembles all the parts of automobiles in its factory an
Alexxandr [17]

Answer:  Wholesalers

Explanation: In simple words, push pull strategy refers to the flow of the merchandise from different levels of supply chain management. Wholesalers refers to an individual or an entity that produces a commodity at large quantities to ultimately sell it to retailers of that commodity.

In the given case,the rues and west were producing the commodities in large quantities and are supplying it to their stores where it is further sold to retailers.

Hence they are wholesalers.

3 0
3 years ago
The risks created by rapid changes in it have not affected which concepts of internal control?
Goryan [66]

Internal control objectives remain essentially the same although technology, risks, and control methods change. Thus, many concepts of control (management's responsibility, the role of the control environment, reasonable assurance, monitoring, and cost-benefit analysis) are relevant regardless of IT changes.

<h3>What is technology?</h3>
  • The use of skills, methods, and processes utilized in industrial production and scientific study combined with collected knowledge to create technology.
  • All equipment and electronic devices operate using technology, whether or not the user is fully aware of how they work for the organization's goals.
  • Systems make up the technologies used in modern life.
<h3>Why is technology so important in today's world?</h3>
  • Information sharing, meal preparation, clothing cleaning, and transportation are all things we do with the help of technology.
  • However, even commonplace technologies like door locks, floor tiles, and furniture are things we now take for granted and that we consider to be less spectacular than 3D printing or self-driving automobiles.

Learn more about technology here:

brainly.com/question/9171028

#SPJ4

5 0
1 year ago
Advertising, fashion trends, and new product introductions serve to
dmitriy555 [2]
The correct answer is letter c. create consumer demand. Advertising, fashion trends, and new product introductions serve to create consumer demand. 

Disequilibrium occurs when the quantity supplied and the quantity demanded are not the same in a market. The statement presented is True.

8 0
3 years ago
Unlike consumer credit, trade credit does not involve the use of a
hammer [34]

Answer:

Trade credit means many things but the simplest definition is an arrangement to buy goods and/or services on account without making immediate cash or check payments. Trade credit is a helpful tool for growing businesses, when favorable terms are agreed with a business's supplier.

Explanation:

Trade credit allows businesses to receive goods or services in exchange for a promise to pay the supplier within a set amount of time. New businesses often have trouble securing financing from traditional lenders; buying inventory, for example, on trade credit helps increase their purchasing power.

3 0
3 years ago
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