operations Manageme A contract of sale is distinct from other types of contracts because it has two additional requirements for validity, in order for a valid sale agreement to be concluded, the parties must agree on the object of sale and on the purchase price, briefly explain what each of these two requirements entail.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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operations Manageme
A contract of sale is distinct from other types of
contracts because it has two additional
requirements for validity, in order for a valid sale
agreement to be concluded, the parties must
agree on the object of sale and on the purchase
price, briefly explain what each of these two
requirements entail.
Transcribed Image Text:operations Manageme A contract of sale is distinct from other types of contracts because it has two additional requirements for validity, in order for a valid sale agreement to be concluded, the parties must agree on the object of sale and on the purchase price, briefly explain what each of these two requirements entail.
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