The contract is enforceable by either party. First, all parties are in agreement. As what the sentence suggests, Far East Restaurant may have first asked Ed's services and offered perhaps, income or whatever in exchange of those services, which Ed agreed in return. Second, they both receive benefits. Ed receives revenues while Far East receives labor. Lastly, on the technicalities, most contracts can be either written or oral and still be legally enforceable.
Answer:
C. upper-level administration
Explanation:
.
Managers guilty of misusing information technology are unlikely to face prison time in today's legal environment. It is untrue. Thus, the correct choice is false.
<h3>What is a legal environment?</h3>
The legal environment of business refers to the acts of the government in regard to the trade and commerce of the country. It also includes contemporary economic control trends, taxation policies, firm history, and market competitive regulation.
Legal difficulties affect businesses in a number of ways. Corporate and corporate regulations determine whether a product is legal to sell in the market. Furthermore, a company must adhere to national standards and laws when it comes to product marketing, selling, inventory management, and so on.
To learn more about the legal environment, click
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Answer:
The amount should be recorded for the purchase of the land is $417500.
Explanation:
amount of land = sale price of the land - sale of salvaged parts + bemolition of the old buiding + land preparation and leveling
= $400000 - $20000 + $30000 + $7500
= $417500
Therefore, The amount should be recorded for the purchase of the land is $417500.