Product Availability is the capacity to have inventory present when and where it is desired by a customer.
<h3>What is product availability?</h3>
Product availability is the ability of a store to meet customer demand for a specific item. Retailers may provide thorough information on product availability to help customers with planning and decision-making.
Consistent product availability is essential to the success of your retail business because it provides the framework for your merchandising and draws in your target audience by providing them with the necessities to meet their needs.
Thus, it is product availability.
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Answer:
C. Yes, since the mistake would be obvious to a reasonable person.
Explanation:
A unilateral mistake <u>occurs when only one party is mistaken as to the subject matter</u> or the terms contained in the contract agreement.
<u>The general rule involving unilateral mistakes is that, if the non-mistaken party either knew or should have known of the other party's mistake, the mistake is a “palpable unilateral mistake” which makes the contract voidable</u> by the mistaken party.
Therefore, since Vinny's mistake would have been obvious to the other party, it could make the contract voidable and relieve the store of the liability.
Answer:
It is false that Joint Application Development (JAD) group produces the best definition of a new system.
Explanation:
JAD group does not produce the best definition of a new system, here is why:
• JAD system incorporates participants with different opinions. Different opinions within the team make it difficult to align goals and maintain focus
• Depending on the size of the project, JAD may require a longer time that will put a strain on the execution of a project
• JAD is too expensive and can be cumbersome/difficult if group is too large
• JAD produces a details and information that is a tentative model not a complete development methodology.
Traditional project management focuses on thorough planning up front. Such planning requires predictability.
The traditional project management is a practice which includes a set of developed techniques which are used in order for planning, execution, monitoring, closure, and estimating. Here the projects are run in a sequential cycle.
The planning which is done in traditional project management, this planning requires predictability. Thus, the predictability is considered an important factor here. A traditional project management focuses on upfront planning where factors like cost, scope, and time are given importance.
Hence, the entire project is planned upfront without any scope for changing requirements.
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Answer:
b. An oral statement such as this is not enforceable because it is outside the Statute of Frauds.
Explanation:
The statute of frauds (SOF) is a legal concept that requires certain types of contracts to be executed in writing. Among others, these typically include those for the sale of land, of any goods over $500 in value, and contracts of a year or more in length.
The contracts that must adhere to the statutes of fraud are Collateral contracts in which a person promises to answer for the debt or duty of another, or guaranty contracts are required to be written. Prenuptial agreements and promises made in consideration of marriage must adhere to the statute of frauds.
