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3 years ago

The term consideration used in regards to a contract means

Business

1 answer:

Rashid [163]3 years ago

8 0

Answer:

something of value must be given by party.

Explanation:

In the contract agreements, the term consideration means something of value offered by one part in exchange for other goods, services, or promises. In most cases, consideration is in monetary form, although money is not the only valuable item acceptable as consideration. Consideration is the benefit that one enjoys by fulfilling their obligation in a contract.

For contacts to be valid, there must be a consideration. Only lawful valuable can be considered as consideration.

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Danielle belongs to a temporary team that was created to resolve a specific issue and then disband at a later date. Danielle bel

lina2011 [118]

Problem-solving team are known to be people or members of a team from the same department that's involved in efforts to improve work activities. Danielle belongs to a problem solving team.

Members of a problem solving team often share ideas or offer suggestions on how work processes and methods can be improved.

Problem solving is is a vital part of business. It is said as working through difficulties and overcoming challenges. It entails finding solutions helps us to excel and advance forward.

It is known to help company understand the right approach to problem solving and also to work smarter.

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3 years ago

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other part

wolverine [178]

The correct answer of the question is Fraud.

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to: Fraud.

<h3>What is Fraud?</h3>

It is a form of deception or an unlawful gain.
It is an intentional form of deception that can have various criminal consequences.
There are various kinds of frauds like bank fraud, insurance fraud etc..
It is committed with the intention of gaining an unauthorized benefit.
it can occur in various domains like finance, real estate, insurance etc.
Usually a fraud can lead the person to have legal consequences and the victim can sue the person or organization which was involved with the crime.

To learn more about fraud visit: brainly.com/question/20357860

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5 0

2 years ago

According to the human relations approach, employee commitment to an organization is gained by ______. Select one: 1. economic m

NemiM [27]

Answer:

"4"

Explanation:

Human relations approach to employees management believes that employees are not only motivated by financial incentives but other factors like praises , interpersonal relationship and delegation of roles and this in return , boost their commitment.

The managers are involved in active support of employees' growth and performance.

It underscores the importance interpersonal and social relationship in a work environment.

5 0

3 years ago

Kim is the risk manager for a large organization. she is evaluating whether the organization should purchase a fire suppression

AlekseyPX

2 million dollars

SLE is Exposure Factor * asset value

Exposure factor is an estimate of the impact of the risk divided by value of asset (2mil/10 mil = .2)

.2* 10,000,000= $2,000,000

7 0

3 years ago

Explain the technique of making bamboo based handicrafts with an example.

Gala2k [10]

Answer:

Bamboo can be processed into thin strips or sheet materials for bamboo plaiting , commonly known as bamboo strips. The processing procedures of bamboo strips include selecting materials , sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering.

Explanation:

Example: •Bamboo furniture

•Bamboo toys

•Bamboo wind chimes

•Bamboo lamps and lanterns

•Bamboo placements and coasters

6 0

3 years ago