No hand written solution Question 20Which of the following statements is true:O a)Conditions are minor statements, and when breached, victims of the breachare relieved of obligationsConditions are terms essential to substantial performance, and whenbreached, victims of the breach are relieved of obligationsOb)c)Od Conditions are terms essential to substantial performance, and whenbreached, victims of the breach are still required to perform contractobligationsd)Conditions are minor statements, and when breached, victims of the breachare still required to perform contract obligations

Conditions are essential parts of a contract that determine the performance obligations of the…

Answered: Which of the following statements is…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

Landowners never have a duty to protect a trespasser because they are not legally on the property. Question 3 options: a) False b) True Which of the following duties would a business owner have to a business Invitee? Question 4 options: a) To warn of foreseeable dangers. b) Guard against dangers the owner knew of or should have known of. c) Remove hidden dangers to the Invitee. d) All of the above.
QUESTION 44 Which of the following represents the basic distinction between a bilateral contract and a unilateral contract a. The rights under a bilateral contract are assignable, whereas rights under a unilateral contract are not assignable. b. Only one promise is involved ifthe contract is unilateral but two promises if the contract is bilateral. c. Specific performance is available if the contract is unilateral whereas it is not if the contract is bilateral. d. The Statue of Frauds applies to a bilateral contract but not to a unilateral contract.
Question ThreeThe management of a supermarket wants to adopt a new promotional policy ofgiving free gift to every customer who spends more than a certain amount pervisit at this supermarket. The expectation of the management is that after thispromotional policy is advertised, the expenditure for all customers at thissupermarket will be normally distributed with mean 400 £ and a variance of900£2.1) If the management wants to give free gifts to at most 10% of the customers,what should the amount be above which a customer would receive a free gift?2) In a sample of 100 customers, what are the number of customers whoseexpenditure is between 420 £ and 485 £?3) What is a probability of selecting a customer whose expenditure is differ thanthe population mean expenditure by at most 50 £?4) What is the probability that the expenditure of the first customer exceeds theexpenditure of the second customer by at least 20 £?5) In a sample of 250, find the count that corresponds to the interquartile…
Question 12: Which of the following best describes dispute resolution through a mediator? A) A process where a neutral third party facilitates communication between disputing parties to help them reach a mutually acceptable solution. B) A process where a judge hears arguments from both sides and makes a legally binding decision. C) A process where a party decides the outcome of the dispute without the involvement of any third party. D) A process where a mediator takes one side in the dispute and helps them win the case.
Question 4 (a) To succeed in a negligence action, a plaintiff must establish (amongst other things) that there is a standard of care owed by the defendant. The ‘standard of care’ always depends on ‘what a reasonable person would do by way of response to the risk.’ How would this apply in an employer-employee relationship? Provide an example of a ‘standard of care’ in these circumstances and how this reasonable person test can be utilized by the courts in your explanation. (b) Explain what is a trade mark? In your view, can the protection afforded by trade marks be open to misuse? Critically analyze. Provide an example in your discussion.
Which statement defines Political-Legal Environment in which a Firm must operate: Question 21 options: a) An environment that constitutes any national or international political factors that can affect the operations of a Firm in a host market. b) A Nations Laws and regulations pertaining to business that also influence the operations of the foreign firm. c) Entry restrictions (e.g. exporting, licensing, acquisition, strategic alliance etc.) d) Trade barriers (e.g. tariffs, quotas etc.) e) The Legal Environment constitutes the "rules of the game" and Political Environment determines how the Laws are enforced ("how the game is played") and may indicate direction of new legislations. f) Actions or policies by a government that may adversely affect a Firm's operations and profits (e.g. confiscation, expropriation, or…
Question 3: Use/Misuse of company property You are a Manager and you have just learned that one of your employees has been taking company property for their own personal use. In this case, it's the use of a company car for personal use and has even allowed his spouse to drive the car. This action is a clear violation of company policy, which requires all employees to report infractions to the Regional Manager. The employee committing the offense is a co-worker and a friend and you are conflicted about whether to report or take any action. Does this behavior rise to the level of discipline? Explain to support your answer. Please state what would be the best course of discipline for the behavior. Question 4: Dilemma at Mesa Electronics Sandra Procter-Murphy was fired from her job as mechanical engineer at Mesa Electronics in upstate SC and her supervisor wrote on the discharge report, “Procter-Murphy is being terminated for poor work performance and excessive absenteeism.”…
Question the national government received a grant from the who amounting to p50 million for the construction of hospitals. under the terms of the grant,the construction project shall be completed within 3 yrs from the receipt of the grant. otherwise,the money shall be returned to the grantor.the money can only be used as spitulated, and the ng is required to include a note in the financial statement detailing how the money was spent. the department of health will be the implementing entity. required:prepare the journak entries for the following: 1.Receipt of the grant. 2.Purchaae of construction materials and payment of a labor for rhe construction. 3.Receipt of the report from doh for the completion of the construction of hospitals.
A sheriff applies for the a reward offered by a bank to anyone who catches a bank robber. If the sheriff apprehends a bank robber will he be able to collect the reward? Question 12 options: A) Probably, if he was off duty at the time he caught the robber, B) If he was on duty at that time...probably not. C) Yes it was an open offer. D) No, the bank's statement was only an invitation to negotiate E) A and B
question illustrate the following negotiation outcomes i) A Win-Win situation ii) A Win-Lose situation iii) A Lose-Lose situation
QUESTION 3 A maximum age limit for airline pilots for safety reasons is an example of _____. a. adverse action b. Bona fide occupational qualification c. age discrimination d. retaliation e. pay inequity
Question: 2 a) Case 1: Ms. Jamal is a newly joined technician in Al Safeer LLC, Muscat and his daily wage is 8 OMR. After the completing one month, the company terminated him from the job giving 7 days’ notice. Mr. Jamal complained against this in Labor Ministry. Will he succeed? Justify with relevant provision of law.

SEE MORE QUESTIONS

Recommended textbooks for you

Understanding Business

Management

ISBN:

9781259929434

Author:

William Nickels

Publisher:

McGraw-Hill Education

Management (14th Edition)

Management

ISBN:

9780134527604

Author:

Stephen P. Robbins, Mary A. Coulter

Publisher:

PEARSON

Spreadsheet Modeling & Decision Analysis: A Pract…

Management

ISBN:

9781305947412

Author:

Cliff Ragsdale

Publisher:

Cengage Learning

Understanding Business

Management

ISBN:

9781259929434

Author:

William Nickels

Publisher:

McGraw-Hill Education

Management (14th Edition)

Management

ISBN:

9780134527604

Author:

Stephen P. Robbins, Mary A. Coulter

Publisher:

PEARSON

Spreadsheet Modeling & Decision Analysis: A Pract…

Management

ISBN:

9781305947412

Author:

Cliff Ragsdale

Publisher:

Cengage Learning

Management Information Systems: Managing The Digi…

Management

ISBN:

9780135191798

Author:

Kenneth C. Laudon, Jane P. Laudon

Publisher:

PEARSON

Business Essentials (12th Edition) (What's New in…

Management

ISBN:

9780134728391

Author:

Ronald J. Ebert, Ricky W. Griffin

Publisher:

PEARSON

Fundamentals of Management (10th Edition)

Management

ISBN:

9780134237473

Author:

Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo

Publisher:

PEARSON

SEE MORE TEXTBOOKS