The For Entering Into A Contract

Besides the product and geographical focus, Progressive also emphasizes on strengthening the relationship with the over 14,000 agents to distribute its products and services. By discipline pricing, Progressive demands adequate rates to achieve underwriting profitability and is willing to forego volume if necessary to achieve profit objectives. It is committed to set individual rates more accurately than the competitors. In addition, they will promptly respond to claims reported by local claim adjusters, which deliver effective control of the claim resolution process.

Enforceable contract Peter v. Don. Peter will have an enforceable contract with Don if he can show that all the required elements of a contract are present. If there is a contract between the two then it will be governed by the common law requirements of an enforceable contract instead of the Uniformed Commercial Code, which would be used if their agreement had involved the sale of goods. In order for a contract to be formed between Peter and Don the two must react mutual consent Mutual consent can generally be formed through the form of an (A) offer and (B) acceptance. An additional requirement for both parties to show (C) consideration is also

Wally, business owner of Windy City Watches is located in downtown Chicago, IL. Business is booming and Wally needs to buy a large quantity of Rolek watches which sell for $50 apiece. He calls Randy Rolek, the wholesaler located in Milwaukee WI. They discuss terms on the phone for a while before coming to an agreement in which Wally offers to buy 100 watches for $25 each. Randy sends over an order form in which Wally states that he is agreeing to purchase watches from Randy for $25 each, but does not include the quantity in which he will buy. Randy sends 50 watches the following week with a note included stating that he has sent 50 watches and will send the other remaining 50 watches within a few days but includes the bill for the full

Rule : : Contract formation requires mutual assent (offer and acceptance), consideration, and no viable defenses to contract formation.

Bernie a resident of Richmond, Virginia decides to sale his 2006 Ford Fusion for $13,000.00 and places an ad in his local newspaper on February 1st. After several weeks without any inquiries, Vivian contacts Bernie on March 1st stating she will pay him $12,000.00 for the car. Bernie arranges to meet with Vivian on March 5th to complete the deal. Vivian comes to Bernie’s house on March 10th and says she will give Bernie $12,500.00 for the car; but she needs three additional weeks to come up with the money. Bernie agrees but only if Vivian puts down a deposit. Vivian agrees and Bernie drafts an agreement stated the sale will must take place no later than March 31st. Vivian reads and signs the agreement and

Key Point: If you are a consumer, you should be sure to look at the policies offered by the insurance companies.

This is the most important aspect to help determine the managerial strategy to use, because it help ask two questions to determine

The biggest concern is to cover the taxpayers if the company does not perform as expected, which can be done with a form of insurance. By limiting potential buyers to only the most financially stable and reputable, chances of mismanagement become negligible.

Because there are various policies in place, you need to make sure that you don’t overpay for unneeded insurance–already covered by the master insurance plan–and that you have extra liability insurance where the master insurance stops.

Choosing a health insurance plan is not as difficult as what it used to be. It is much easier to understand and research. When choosing a plan, consider which plans would be beneficial more. Make sure that the provider that is used is in the network. Also, figure on how often go to a provider or prescriptions. Are these plans flexible enough to fit in with the medical issues and needs of the family or individual? Find out which essential benefits are included in the network. This way there is no out-of-network costs that should not be.

We informed Target’s adjuster of our intentions to compromise this matter in lieu of incurring defense costs to defend this questionable claim.

Distribution strategies exist in three forms: exclusive distribution, selective distribution, and intensive distribution. Kotler and Keller (2009) define each of the distribution strategies as: exclusive distribution limits the number of intermediaries used; selective distribution depends on a limited number of intermediaries; and intensive distribution works with as many outlets as feasible. The distribution strategy of the airlines industry was not a part of its early history, but is now integral to the success of airline organizations.

The third party logistic is use by the outside company to perform all or part of the firm’s material and distribution of the product. 3PL are the independent providers,they are providing a single or multiple logistics services to a purchasing company. Infact the 3PL does not hold the ownership of the product distribution and they are responsible to perform the activities of the logistics for the purchasing firms. They also have a long-term relationship and commitment between the two parties. A company may outsource its various logistics fuctions to one or more third party logistics alinged with the management strategy to receive benefits of increasing flexibility , reducing costs and for improving

* Three - Decide on the factors that position the business on the GE matrix.

In the state of Massachusetts, a minor may enter a contract at their own will, but may void that contract, therefore any contract with a minor that does not fall under the exceptions (necessities) is voidable at the minors disclosure. Some necessities can include, shelter, food.water, clothing. If a minor is taken advantage of, for example, being told the price of something is more than it really is, a candy bar is 10$ at the register but $1 on the price tag, the minor may get the difference in relief. The statute in Massachusetts says that a minor can enter a contract such as a lease, renting an apartment, or public housing. With housing terms, housing may be considered a necessity, depending on the minor’s status. However Massachusetts courts have not clearly defined whether they view housing as a necessity. Public housing agencies are not required to determine whether housing is a necessity when