Has the advent of the internet created more potential fraud and overreaching in the creation of contracts? Provide your thoughts
Q: What is the difference between a contract of sale and a contract to sell?
A: A contract is a file that legally joins the parties to conformity to perform mutual obligations.
Q: What is the most likely status of the contract for the scenario? Jena is contracting with Brigham…
A: Contract It is a written or spoken arrangement, particularly one involving work, purchases, or…
Q: Standard form contracts are just as enforceable between businesses as contracts that result from…
A: Standard form contracts refer to the contracts between two businesses or parties that do not permit…
Q: Which type of firm is most suited to using turnkey systems contracts
A: A turnkey project is constructed such that it can be sold to any buyer as a complete finished…
Q: To what extent does the law of frustration enable clear advice to be given out for specific…
A: Law of frustration is a part of contract in which both parties are ready to fulfill there part but…
Q: As an independent contractor considering a move into the DoD contract arena, discuss additional…
A: The actuality of the Case: Policy 8140 resembles a Handbook for preparing, accreditations, and the…
Q: Which of the following is NOT an input of the Contract Administration process? A. Procurement…
A: Contract Administration is the Monitoring & Controlling process for Procurement Management. It’s…
Q: A fiduciary relationship is one based on trust and explicit or implicit contract that creates…
A: Law constitutes a system of rules and regulations which the country and their people has to follow…
Q: What is a contract law, specifically focusing on offer and acceptance?
A: A contract is a legally enforceable agreement between two or more parties where each assumes a legal…
Q: What type of software license would be best suitable for a large manufacturing company ?
A: Software Licenses:All software applications need a software license in order to run. A software…
Q: endering contractors may suspect a risk if certain representations are made by the employer such as…
A: Tendering contractors face significant challenges. These arise due to the inherent nature of the…
Q: Think about situations where a contract would be void and a contract would be voidable
A: Introduction: A voidable contract happens when one of the elaborate gatherings could never have…
Q: An insured inherited an antique candlestick, which were stolen. The thieves dropped one of the…
A: Pair and set
Q: Why might a contractor prefer having liquidated damages in a contract (rather than no provision for…
A: Liquidated damages will be considered to be a penalty if they are extravagant or oppressive in…
Q: Given the different contract types, under what conditions should each contract type be applied?…
A: Following are different types of contract for projects:
Q: Suppose you are a purchase manager who is the contract administrator for a major consulting firm…
A: Implementation of ERP system helps an organization to integrate several of its business activities…
Q: Non-compete agreements are typically held to be illegal in most states. True False
A: Non compete agreements are the contracts that exist between an employee and an employer in which the…
Q: Enlist and define all the essentials of a valid contract with the help of appropriate example
A: a contract that satisfies all the essentials of a valid contract is termed a valid contract.
Q: ________ The unit-price contract is an incentive-typenegotiated contract.(True/False)
A: The provided statement is False.
Q: When the deviation from complete performance is not material to the contract, substantial…
A: Contract: A contract is a legally binding record between at least two parties that outlines and…
Q: Bill offers to sell his car to Tom for $9,000. Tom replies, “Your price is too high! I will offer to…
A: In the given situation, when Tom offers to buy Bill’s car for $8000 when the original offer of Bill…
Q: A breach can be grounds for terminating a contract if the breach is considered “_________”. (What is…
A: Continuous production system involves a continuous or almost continuous flow of materials.
Q: Which of the following is a real contract? Group of answer choices Sale Partnership Agency…
A: A real contract under customary law is a lawful term for an arrangement that relates to land and…
Q: Suggest the negotiation tactics that you will adopt when dealing with the supplier that does not…
A: Negotiation is an essential part of purchasing a raw material. Companies cannot pay theamount as…
Q: From the viewpoint of the buyer, a business form prepared by the seller that lists the items…
A: An invoice is defined as an important document that indicates the sale or supply by one busines to…
Q: Which of the following role is performed by a manager of an organization while entering into a…
A: In executing the responsibilities of establishing, planning, leading, and monitoring, managers work…
Q: In a contract made between a 3PL company and your company, there is a clause named “Outsourcing of…
A: Scenario: Outsourcing of the truck contact made between own and the third party…
Q: Cost reimbursable contracts are most often used when the scope of work or the costs for performing…
A: Introduction to Contracts When an organization makes an agreement with the supplier to ensure the…
Q: Which of the following dispute resolution methods is pro-active, in that it is established before…
A: Construction disputes are caused by contract conflicts between the parties. They are the result of a…
Q: As an independent contractor considering a move into the DoD contract arena, discuss additional…
A: Providing of a clear direction to the contractor along with the objective criteria against which the…
Q: Kelly Clarkson moved from unincorporated Nashville which is in Davidson County to Atlanta without…
A: ANSWER IS AS BELOW:
Q: Many retail lease agreements require a lessee to remove its leasehold improvements before vacating…
A: In a lease contract, lessee can make improvements to the property if they are agreed to do so.…
Q: In relation to Consideration select the CORRECT statement: Select one: To be valid, the agreed price…
A: A negotiated exchange in which there is a lawful element to the promisor or lawful advantage to the…
Q: If a loan shark promises you $500 if you will rough up one of his nonpaying customers to encourage…
A: The above case defines that an individual is given a chance to get $500 if he/she successfully made…
Q: Why do many firms attempt to avoid litigation in settling contract disputes?
A: Litigation can be explained as the method of legal aspects used for settling conflicts, or…
Q: Online services are being provided by many companies, some companies have loss substantial amount of…
A: Organization in the normal use alludes to a deliberate relationship of people shaped to accomplish a…
Q: Carol offers to sell her personal computer to Bob for $200. Bob says that he will buy the computer…
A: A contract is said as an agreement that must be between two or more parties. The contract must be…
Q: What is a no-damage-for delay clause, what type of clause is this, and what is its purpose?
A: Meaning- At the point when gatherings go into an agreement they will undoubtedly follow the…
Q: When does the buyer obtain real right over the fruits of the determinate thing sold in a contract of…
A: When does the buyer obtain real right over the fruits of the determinate thing sold in a contract of…
Q: Why is mediation, a valid, and often preferred method to resolve greviances
A: Employee Grievance is the concern or the dissatisfaction of the employees that they put forward…
Q: “Until the contract is signed, nothing is real.” Examine on the following TWO types of contracts:…
A: Until the contract is signed, nothing is real This quote is given by Glenn Danzig Means For a…
Q: Suppose a supplier gives you a price on a contract and then later comes back and claims that he…
A: The five types of remedies for breach of contract are: Money damages; Restitution; Rescission;…
Q: Ali bought a piece of land from Ahmad below the market price that is RM10,000. Does this considered…
A: Consideration implies something in exchange, i.e. quid pro quo and it is a crucial factor in…
Q: In Georgia, when should the lender be notified that a seller is offering a loan assumption? When the…
A: A supposition condition is an arrangement in a home loan contract that permits the merchant of a…
Has the advent of the internet created more potential fraud and overreaching in the creation of contracts? Provide your thoughts.
Step by step
Solved in 2 steps
- If a loan shark promises you $500 if you will rough up one of his nonpaying customers to encourage prompt repayment, what sort of contract is this? a.Valid b.Void c.Voidable d.EnforceableYou've read about the statute of frauds and how it requires certain agreements to be in writing (remember the acronym MYLEGS). Thinking about all contracts, do you think that all contracts should be in writing? Or do you think this would hinder or slow down transactions? Please discuss your thoughts on these questions while keeping in mind the purpose behind the statute of frauds.Discuss the following question below: Is it always possible to implement an oral contract? Yes o No and Why?
- What Is Electronic Contracts and Signatures?Your auto insurance company has offered you a 15 percent discount (roughly $200 per year) if you agree to let them install a sophisticated vehicle event data recorder (EDR) in your car. You have read over the terms of the agreement and discover that if you are involved in an accident, you must agree to let the data from the device be collected and analyzed by a third-party accident investigation firm. You must also agree to let findings from this analysis be used in a court of law. What questions would you want answered and what advice might you seek before deciding whether to accept this discount offer?How has the evolution of the internet piloted the growth of e-contracts?
- What is the difference between a contract of sale and a contract to sell? Link to read: https://lawphil.net/judjuris/juri2005/jan2005/gr_124242_2005.htmlThe Department of Defense Directive (DoDD) 8140 (formerly 8570) provides guidance and procedures for training, certification, and management of all government employees who conduct information assurance functions in assigned duty positions. In some career positions, DoDD 8140 impacts those with access to DoD information system performing assurance (security) functions. As an independent contractor considering a move into the DoD contract arena, discuss additional considerations you would add to your compliance plan to meet DoD requirements. Assess the pros and cons of adding DoD contracts to your portfolio.What is a smart contract and how is it created? (For coins and tokens)
- What are contract documents, and why are they important?4. Differentiate between compromise and accommodating. For what circumstances each of them is best fitted (explain separately)?1) There are two types of relationships, name them? And give some examples? 2) All contracts should be made in writing (True or False) (Justify with example or explanation)