Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 17, 2024

A contract is enforceable if each party can unilaterally terminate the contract. does not need to have commercial substance. is an agreement that creates enforceable

A contract

is enforceable if each party can unilaterally terminate the contract.

does not need to have commercial substance.

is an agreement that creates enforceable rights and obligations.

must be in writing to be an enforceable contract.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

IRS Audit Protection And Survival Guide Trucking Industry

Authors: Daniel J. Baran, Gerald F. Bernard, James E. Brown

1st Edition

0471166413, 978-0471166412

More Books

Students also viewed these Accounting questions

Question

★★★★★

A gun fires a bullet vertically into a 1.40-kg block of wood at rest on a thin horizontal sheet, Fig. 7-44. If the bullet has a mass of 25.0 g and a speed of 230 m/s, how high will the block rise...

Answered: 1 week ago

Question

★★★★★

=+11.23 The article The Sorority Rush Process: SelfSelection, Acceptance Criteria, and the Effect of Rejection (Journal of College Student Development [1994]: 346353) reported on a study of factors...

Answered: 1 week ago

Question

★★★★★

Plant assets often require expenditures subsequent to acquisition. It is important that they be accounted for properly. Any errors will affect both the balance sheets and income statements for a...

Answered: 1 week ago

Question

★★★★★

A contract is enforceable if each party can unilaterally terminate the contract. does not need to have commercial substance. is an agreement that creates enforceable rights and obligations. must be...

Answered: 1 week ago

Question

★★★★★

Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2018 year-end inventory is as follows: Inventory, by Product Category Quantity Per Unit...

Answered: 1 week ago

Question

★★★★★

Mike, Miko, Michael and Mikhael formed a partnership several years ago. They have decided to terminate operations and liquidate the business. The following balance sheet is drawn up as a guideline...

Answered: 1 week ago

Question

★★★★★

Millikan Oil Drop Lab Purpose . to explore the Millikan Oil Drop experiment . determine the value of the elementary charge Apparatus...

Answered: 1 week ago

Question

★★★★★

What is commonly used by a SOC to engage the IR team as soon as possible

Answered: 1 week ago

Question

★★★★★

CNBE, a prominent news channel, is gearing up to provide insightful coverage of recent elections, recognizing the importance of data-driven analysis. A comprehensive survey has been conducted,...

Answered: 1 week ago

Question

★★★★★

The performance of 20 students on their final test on statistics in 1992 and for the second class of 20 students in 2017 is shown in the columns below. Class of 1992 Class of 2017 80 100 91 99 91 94...

Answered: 1 week ago

Question

★★★★★

1 What management systems are operating in African countries (and other post-colonial regions), in different ways in different industries and companies, and how successful are these systems in...

Answered: 1 week ago

Question

★★★★★

investigating the cultural contributions that non-Western (particularly postcolonial and post-Soviet) approaches can make to global managing;

Answered: 1 week ago

Question

★★★★★

developing conceptual and empirical links between theoretical formulations of cultural value dimensions and specific manifestations in HRM/people management policies and practices;

Answered: 1 week ago

Previous Question Next Question