The concept of mutual assent is also called a/an: a. Agreement of sorts. b. Meeting of the

Question:

The concept of mutual assent is also called a/an:

a. Agreement of sorts.

b. Meeting of the minds.

c. Intent to negotiate.

d. Void contract.

e. Contract in rem.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Law And Strategy

ISBN: 9780077614683

1st Edition

Authors: Sean Melvin, David Orozco, F E Guerra Pujol

See More Books

Question Posted: Mar 05, 2024 01:01 AM

See More Questions

The following selected transactions of Johnson Motors Company were completed during the current accounting year ended December 31. 1. March 1, borrowed $55,000 on a two-year, 12% interest-bearing...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...
Four people, each with a mass of 72.4 kg, are in a car with a mass of 1 130 kg. An earthquake strikes. The driver manages to pull off the road and stop, as the vertical oscillations of the ground...
Yukon Co. acquired 75% percent of the voting common stock of Ontario Corp. on January 1, 2013. During the year, Yukon made sales of inventory to Ontario. The inventory cost Yukon $260,000 and was...
The internal energy of a system increased by 982 J when it was supplied with 492 J of energy as heat. (a) Was work done by or on the system? (b) How much work was done?
Explain the concept and importance of analyzing risk in business decisions.
The following information is available for Callaway Golf Company for the years 2008 and 2007. (Dollars are in thousands, except share information.) There were 73,139,000 shares outstanding at the end...
What theory explains why some firms use zero debt in their capital structure? Despite the tax-shield benefits of debt, some firms use zero level of debt in their capital structure. It appears that...
If the offeror revokes her offer before acceptance by the offeror, the offer is: a. Terminated, by operation of law. b. Terminated, by action of the parties. c. Not terminated, because all offers are...
Day 1: On Monday, McGlyn mails an offer to Timothy. Day 2: On Tuesday, McGlyn changes her mind and mails a revocation of the offer to Timothy. Day 3: On Wednesday, while the revocation is in the...
Compute the mean, median, and mode for the following data: 35 81 96 4109 126 71 5 879 56 73 58 17 29 58 68 24 5 24
A monopolist produces sets/boxes of golf balls. Assume that the demand for a set of golf balls is P=100-Q and its MC=20. Suppose the monopolist sets a two-part tariff (a per unit fee and a lump sum...
To demonstrate competency in this unit, a person must: Call an Auction Instructions in second document titled Auction Script Guide Execute the contract for the successful bidder This can be a...
3. Customers arrive at a two-server service station according to a Poisson process with rate A. Whenever a new customer arrives, any customer in the system immediately departs. A new arrival enters...
Question 8 A national survey of 600 Formula One fans was conducted to learn if they can afford the Austin Cota F1 race tickets. Use the data from the excel file to solve the following. What's the...
Could you please check and send me the last results, because the system announced the wrong answer. Thanks Question 1 George was offered two options for a car he was purchasing: Lease option: Pay...
Indicate how the following transaction is entered into the U.S. balance of payments with double-entry bookkeeping: At maturity (during the same year), the foreign investor of Problem 6 receives $440...
The graph of an equation is given. (a) Find the intercepts. (b) Indicate whether the graph is symmetric with respect to the x-axis, the y-axis, or the origin. -3 6 -6 3 x
To disclaim the implied warranty of merchantability, a merchant must mention merchantability. (True/False)
A clear, conspicuous, written statement brought to a buyers attention when a contract is formed can disclaim all warranties not contained in the written contract. (True/False)
A sellers best protection from being held accountable for express statements is not to make them in the first place. (True/False)
3. How much life insurance do you need? Calculating resources - Part 2 Aa Aa E Paolo and Maria Rossi have completed Step 1 of their needs analysis worksheet and determined that they need $2,323,000...
On March 1, LGE asks to extend its past-due $1,200 account payable to Tyson, Tyson agrees to accept $200 cash and a 180-day, 8%, $1,000 note payable to replace the account payable. (Use 360 days a...
*Prepare the plant assets section of Amphonie's balance sheet at December 31, 2021 using the information below. At December 31, 2020, Amphonie Company reported the following as plant assets. Land $...

The concept of mutual assent is also called a/an: a. Agreement of sorts. b. Meeting of the

Question:

Step by Step Answer:

b Mutual assent is an offer and ...View the full answer

Business Law And Strategy

Students also viewed these Social Science questions