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svlad2 [7]
3 years ago
5

AN IMPLIED CONTRACT CAN BEST BE DEFINED AS: WILL NOT BE RECOGNIZED AS ENFORCEABLE BY THE COURTS A TRUE FORM OF A FORMAL CONTRACT

THE INTENTIONS OF THE PARTIES ARE INFERRED FROM THEIR CONDUCT BY THE COURT AS WELL AS THE CIRCUMSTANCES OF THE CONTRACT WHICH EXISTS IN THE EYES OF THE LAW, EVEN THOUGH THE PARTIES HAVE NOT IN ANY WAY INTENDED TO FORM THE CONTRACT
Business
1 answer:
hoa [83]3 years ago
8 0

Answer: the intentions of the parties is inferred from their conduct by the court as well as the circumstances of the contract

Explanation:

An implied contract is referred to as an agreement that's legally-binding which was created due to the actions, or circumstances of the parties that were involved.

In an implied contract, the parties typically possess no written contract, but an obligation is created by the law based on the conduct of the parties involved.

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An entrepreneurial team consists of: A. managers with similar skills, abilities, and interests.B. experienced professionals from
deff fn [24]

Answer:

B. experienced professionals from different areas of business.

Explanation:

As no individual alone can run the business, different experts for different areas are required, and accordingly an entrepreneurial team is formed with different individuals who are experts in their own field, which helps the organisation, to create an idea for new product, and then make it, and then sell it in the market.

They are just not some people with lot of money, or some government body, etc:

They posses some different skills, for each individual.

Thus, correct option is:

Statement B

7 0
3 years ago
What time management tools do you utilze?
Natasha_Volkova [10]

Answer:

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Explanation:

7 0
3 years ago
Read 2 more answers
What is investment firms?
Anvisha [2.4K]

Answer:

An investment firm or fund is a partnership, trust or corporation that “pools” money from shareholders and invests it in the appropriate security instruments and multiply investment money.

3 0
3 years ago
Goods or services in standard-cycle markets reflect: a. numerous first-mover advantages. b. organizations that serve a mass mark
kogti [31]

Answer:

Option b.

Explanation:

In standard cycle, competitive actions are designed to serve large market shares, to gain customer loyalty and to control the firm's operations which in turn provide the same positive experience to customers.

Goods or services in standard-cycle markets reflect <u>organizations that serve a mass market.</u>

Standard-cycle markets refer to the markets where the firm's competitive advantages are shielded from imitation such that those advantages can be sustained longer but for a shorter period.

These advantages can be sustained for longer period in a slow-cycle market  than in fast-cycle markets.

Competitive advantages are sustainable in slow-cycle as these are shielded from imitation for longer periods of time such that imitation is costly.

Option b. is correct

5 0
3 years ago
Your investment has a 20% chance of earning a 30% rate of return, a 50% chance of earning a 10% rate of return, and a 30% chance
stellarik [79]

Answer:

9.2%

Explanation:

expected return of the investment = potential return x chance of each return happening

Expected return of the investment:

  • 20% chance of occurring x 30% potential return = 0.2 x 30% = 6%
  • 50% chance of occurring x 10% potential return = 0.5 x 10% = 5%
  • 30% chance of occurring x -6% potential return = 0.3 x -6% = -1.8%
  • total expected return = 9.2%
6 0
3 years ago
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