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4 years ago

When or how does a contract become a legal document and is binding on all parties involved?

1 answer:

7 0

For a contract to be legally binding and enforceable, consideration must be exchanged. A legally enforceable contract can either be written or oral. However, depending on the nature of the transaction, some contracts might need to be written down to be enforceable. Hope this helps

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The primary purpose of the Uniform Electronic Transaction Act (UETA) is to remove barriers to by giving the same legal effect to

lorasvet [3.4K]

Answer:

True.

Explanation:

Yes, this is true that the primary objective of the Uniform Electronic Transaction Act (UETA) is to eliminate the barriers to e-commerce by providing the same legal impacts to electronic records and signatures as is currently provided to paper documents and signatures, but following are the condition which must be fulfilled :

Unique to the signer

Fitted of being verified

Under the signer’s sole authority

Linked to the record in a way that it can be arranged if anything in the document was changed after the signature was stamped

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4 years ago

Which sentence does not contain

DaniilM [7]

The man forgot all of his worries while he was on his vacation.

6 0

4 years ago

Read 2 more answers

Local optimization is a supply-chain complication best described as: Select one: a. the opposite of the bullwhip effect. b. opti

tia_tia [17]

Answer:

letter b is correct.<em> Optimizing one's local area without full knowledge of supply chain needs. </em>

Explanation:

For supply chain management to be optimally optimized, global scope information is needed to make decision-making more secure. Information technology can be a good solution for providing relevant information that will help integrate supply chain components to help you make decisions and meet specific local area and supply chain needs.

5 0

4 years ago

Reidenbach Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The budgeted fixed man

sineoko [7]

Answer:

$350 unfavorable

Explanation:

The computation of the overall fixed manufacturing overhead budget variance is shown below:

The overall fixed manufacturing overhead budget variance for the month = Actual fixed manufacturing overhead cost - The budgeted fixed manufacturing overhead cost

= $17,450 - $17,100

= $350 unfavorable

Since as the actual fixed manufacturing overhead cost exceeds than the budgeted fixed manufacturing overhead cost so this leads to unfavorable variance

4 0

3 years ago

An investment project costs $10,000 and has annual cash flows of $2,830 for six years. a. What is the discounted payback period

Tanya [424]

Answer:

The payback period is 3.53 years.

Explanation:

The cost of investment project = $10000

The annual cash flows = $2830

Time period = 6 years

Since cost of project, annual cash flow and time period is given so we are required to calculate the discounted payback period when there is 0 % discount rate.

Payback period = Initial project cost / annual cash flow

= 10000 / 2830

=3.5335

= 3.53 years

3 0

3 years ago