Answer:
Case summary:
D is a college alum gets trapped in a blizzard on his way home. He was furnished with nourishment and haven by an old couple and he returned home once the climate was clear. D's dad F guaranteed the couple to pay $500 recorded as a hard copy for their assistance and the couple acknowledged. In any case, as D and F had contrasts later, F denied paying that sum.
Case investigation:
Thought: Consideration is the advantage or worth got by the gathering for satisfaction of their guarantee. On the off chance that there is no thought, the agreement isn't enforceable. Following are the components of thought:
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Lawfully adequate worth: The thought ought to have some an incentive under the lawful arrangements.
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Dealt trade: The thought ought to give the chance to deal between the gatherings. It implies one gathering should return something of significant worth to the next gathering for execution of that party.
For instance, an individual A guarantees B that he would pay $1,000 for driving him to chip away at that day. Here. An is paying $1,000 for B as an arrival for driving him to work (execution).
A guarantees him to give him a vehicle as he was graduated. It isn't thought since B didn't vow to perform anything. It is only a present for B from A.
Past Consideration: The guarantees which were made by a gathering for the presentation of activities in past by another gathering are unenforceable. As there is no anticipated trade component, it is no thought.
Right now, old couple gave haven to D. They neither guarantee D to give cover nor bartered that he ought to give them something to return.
F guaranteed them to pay $500 as a demonstration of thankfulness for their assistance yet it is a present for their assistance in past. In this way, it isn't past thought.
Consequently, the couple can't hold F at risk for making the installment for giving haven to his child.
An inventory costing method that assigns the most recent cost to cost of goods sold is the LIFO Method.
LIFO Method or the Last In, First Out Method use to place an accounting value on inventory. It operates under the presumption that the last item of the purchased inventory is the first one sold.
This team leader is a system thinker able to understand the big picture.
Even though one department has slowed down, the over all process speed and output has increased. The team leader is looking at the “big picture” in that the process has been improved and made faster, regardless of the fact that one department takes longer with the new process.
I believe the least likely result is <span>The Securities and Exchange Commission could fine Bob..
</span>When Bob is working for someone, the owner of the establishment is the one that most likely to receive fine from the Securities and Exchange Comission since it would be very likely that Bob's just following his leader's order.
