Answer:
Check the following explanation
Explanation:
a) Usually a contract has the following elements:
Offer
.
Acceptance
.
Consideration
.
Intention to create a legal relationship
.
In the given case, the intention to create a legal relationship is missing. Though Study had sent a written legal contract to Burrow to affirm the contract, Burrow did not show any interest regarding the same. Hence Burrow can’t be sued for breach of contracts. Moreover the confirmation letter sent by Study does not qualify under the Merchant Memo Rule as the involved parties are not merchants. Burrow can use the terms of UCC for his favour. The UCC states that any contract with value more than $500 must be in writing. As the involved amount in this case is $1300, hence this case does not qualify as a contract under UCC.
b) If Study and Burrow were merchants, then the Merchant Memo Rule gets applicable. Then in that case, if 2 merchants enter into an oral contract, which is worth $500 or more and one of the merchant sends a written confirmation for the same, then a contract will be considered enforceable. In such a case, Burrow will be held liable for breach of contract and can be sued by Study.
Answer:
Being a team leader is a huge responsibility towards the organization and team members as well. Changes in an organization are common but few people or team members are not able to accept the change and productivity decreases, so being a team leader following steps can be adopted to raise their urgency levels:
- Add some incentive criteria that will motivate key employees as well for more productivity.
- Have a interaction session to know the issues regarding changes and convincing members about the positive effects of changes.
- Team leader required to be harsh sometime, so one can impose some strict rules or targets for productivity.
- Team leader can create such working environment that will motivate other members to work with fresh minds that will affect the productivity.
Team leader can choose any of the ways to raise the urgency level of team members.
Answer:
True
Explanation:
A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capital. A bank that takes in demand deposits and then uses that money to make long-term mortgage loans is one example of a financial intermediary.
A long distribution channel
Bonnie should incorporate for her company
Option B
<u>Explanation:
</u>
A distribution channel is an organization or intermediary network that moves a product or a service until it meets the last customer. Wholesalers, dealers, suppliers and even Web can be part of the distribution channels.
In long channels, product flows from producers to final customers are carried out via multiple levels of distribution in which each level is generally made up of more than one location.
In general distribution channels are divided into two systems which are: direct customer shipping and indirect shipping, which involves an intermediary level or two, including distributor/retailer warehouses in which goods from those intermediaries can be delivered to consumers differently.
