Answer:
<u>Different assessment and goals.</u>
Explanation:
In this issue there is resistance to change related to evaluation and different objectives, as the production manager has made a decision to change production processes in order to increase efficiency, and one of his employees does not believe the idea. This is because there are different perspectives among employees in an organization, resistance to change affects each individual differently and leads them not to support significant changes that will change the process that already exists in the organization. It is usually related to individual beliefs and insecurity to novelties. To break barriers to resistance to change, it is essential that the manager adopt clear and direct communication and present the benefits linked to change.
The amount of an earnest deposit is determined by:Agreement between the partiesThe term rescind means:CancelEvery real estate contract must have:Offer & AcceptanceBroker took listing and later found out client is legally incompetent. Listing is now:Of no value to broker, VOIDAfter buyer & seller sign sales contract, seller changes mind and defaults. Buyer sues seller to force contract. This is know as a suit for:Specific PerformanceOfferee has right to:reject offerStatue of Frauds states all contracts:must be in writing to be enforceable<span>Broker receives earnest money on Tuesday.
Seller accepts offer on Thursday.
When does Broker need to deposit earnest money?</span>By Friday in special non interest bearing trust account.Void contract:Not legally enforceable.Legal proceeding or legal action brought by either buyer or seller under a purchase contract to enforce the terms of the contract is known asSuit for specific performanceEssential elements of a contract do not need:notarized signaturesUpon receipt of offer to purchase property under certain conditions, seller makes counter offer, the buyer is:relieved of original offerBuyer defaulted some time ago on a written contract to purchase sellers real estate. Can seller sue for damages?Yes, if seller is not prohibited from doing so by statute of limitations.What is best evidence of buyers intention to carry out terms of contract?earnest money depositReal Estate Licensee may draft a contract:NEVER, licensee can only fill in blanks.An option:keeps an offer open for a specified time period.Prospective buyer makes a written purchase offer that the seller accepts, then:buyer receives equitable title to the propertyBilateral contract:promise for a promiseLaw that requires real estate contracts to be in writing to be enforceable:Statute of FraudsOwner takes property off market for definite period of time in exchange for some consideration, but grants right to purchase property within that period for a state price this is calledOptionBreach of contract is a refusal or failure to comply with terms of contract, buyer may:<span>Sue seller for specific performance
Rescind contract and recover earnest money
Sue seller for damages</span>To assign a contract for the sale of real estate means to:transfer ones rights under the contractBroker gets offer to purchase, seller out of town, broker must:wait to obtain the signature of the seller to effect the contractIn option to purchase real estate, optionee:has no obligation to purchase the propertyBuyer has right to revoke offer at any time and recover earnest money until:offer is acceptedSeller said empty lot soil was firm enough to support new construction, seller knew building would probably sink. Contract is:Voidable by buyer because of fraud.Contract agreed to under duress:VOIDABLEContract becomes valid when:both buyer and seller signRevocation of offer before acceptance, death of offeror before acceptance, counteroffer by offeree:terminate offerBroker deposits earnest money int trust account. When can seller receive it?At time of settlementWhat is the status of an option contract that has been exercised?BilateralDestruction of the premises would:terminate sales contractIL deed or contract executed on Sunday or legal holiday is:VALID and enforceableHow must real estate contracts be headed under IL law?<span>REAL ESTATE SALES CONTRACT
Bigger font than rest of contract</span>Both parties sign sales contract. Three days before closing tornado destroys property. Under IL law:<span>Seller cannot enforce contract and must return all earnest money to the buyer.</span>
Answer:
Avoids coordination expenses and delays.
Explanation:
Outsourcing can be defined as a type of business practice in which an organization assigns some of its activities to a third party. It can also be described as the practice in which a company hires another company to carry out various operations and tasks.
The importance of outsourcing include:
- It gives the organization access to more skilled individuals.
- it lowers the cost of production.
- it provides more flexibility to the employees.
- it enables the company to concentrate on more vital operations.
Answer:
In a long-run equilibrium - only a perfectly competitive firm operates at its efficient scale - option A is the correct answer.
Explanation:
In the long-run equilibrium, only a perfectly competitive firm that operates at its efficient scale and a monopolistically competitive firm sets off with overabundant capacity.
Therefore, in a long-run equilibrium - only a perfectly competitive firm operates at its efficient scale - option A is the correct answer.
