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matrenka [14]
4 years ago
5

True or false Verbal contracts can never be legally enforced

Business
2 answers:
Dima020 [189]4 years ago
6 0
I'm not completely sure, but I would say true. In court, it would be their word against the other person's word, and nothing could be legally done to enforce the verbal contract. Only written and signed contracts can be enforced legally. 

I hope this answer helped you! If you have any further questions or concerns, feel free to ask! :)
Iteru [2.4K]4 years ago
4 0
True and False. It's only going to be True, if there is enough evidence provided with the statement. It would be False, because in some cases, they're to disproportionate to handle or deal with using Law Enforcement.
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Topp Properties, Inc. (TPI), plans to offer to sell its warehouse to U-Store-It Center for a certain price, but neglects to comm
UkoKoshka [18]

Answer:

D. Not effective

Explanation:

a. Effective if there are no other potential buyers.

b. Effective if TPI does not advertise the offer generally.

c. Effective if U-Store-It is currently expanding its facilities.

d. Not effective.

From the question, we are informed about how Topp Properties, Inc. (TPI), plans to offer to sell its warehouse to U-Store-It Center for a certain price, but neglects to communicate the offer to U-Store-It. In this case This offer is Not effective, this is because the offer wasnt communicated to U-Store. An offer can only be regarded as effective offer when 1) offeror is effective and serious to perform the offer

2) the terms and conditions of the offer is certain.

3) the offer is communicated to the offeree.

8 0
3 years ago
The aggregate demand curve shows the relationship between the aggregate price level and
dolphi86 [110]

Answer:

c) quantity of output demanded by households, businesses, the government, and the rest of the world.

Explanation:

quantity of output demanded by households businesses government and rest of the world, this is because real GDP is equal to the sum of four kinds of expenditure mentioned above.

3 0
3 years ago
Read 2 more answers
5. Consider a firm redesigning its logistics network. What are the advantages to having a small number of centrally located ware
damaskus [11]

Answer:

Explanation:small number of centrally locates warehouses will make their products readily available in needed small quantities. While having a larger warehouse nearer to the end customers will make the product easily accessible

8 0
3 years ago
Michael is the owner of a company that manufactures mp3 players for cars. He wants to expand his business, so he decides to laun
Grace [21]

Answer:

B) Cannibalization occurs when the sales of a new brand take away from sales of an existing brand. Whenever a firm sells a new product it must look out for cannibalization. Michael's new mp3 players are cannibalizing the sales of his old players.

Explanation:

Market cannibalization occurs when a company's new product line crowds out the existing market for its current products, rather than expanding the company's market base as originally intended. In other words, rather than appealing to an additional segment of the market, a new product line appeals to the company's current market, reducing the demand for its established products. In this respect, market cannibalization is an instance in which a company's own two product lines compete against one another.

5 0
3 years ago
You receive payments at the end of each Quarter starting at the end of Quarter 1 and lasting 6 years (so the last payment you re
OleMash [197]

Answer:

PV = PMT [(1 - (1 / (1 + r)ⁿ)) / r]

Where:

PV = The present value of the annuity

PMT = The amount of each annuity payment

r = The interest rate

n = The number of periods over which payments are to be made

PV = PMT [(1 - (1 / (1 + r)ⁿ)) / r]

     = 1000 [(1 - (1 / (1 + 0.0083)²⁴)) / 0.0083]

     = 1000 [(1 - (1 / 1.2194)) / 0.0083]

     = 1000 [(1 - 0.8201) / 0.0083]

     = 1000 [0.1799‬ / 0.0083]

     = 1000 * 21.6747

PV = $ 21,674.70

Explanation:

Since the annuity is compounded monthly

r = 10% / 12 = 0.83%

n = 24

4 0
4 years ago
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