Solve all of the following questions please!!!

BUSINESS LAW

Computers, Inc. (Computers) and Management Enterprises Company (Management) agreed that Computers would sell Management its computing business, including the land on which the business was situated, for $600,000. Both Computers and Management knew at the time the contract was formed that the business and land were actually worth $1,000,000. Is this a valid enforceable sales contract?

A. No, because Computers would not have agreed to sell the business for 40% less than its value unless it was under duress by Management to sell.

B. No, because $600,000 is not valid consideration for a business worth $1,000,000.

C. Yes, provided the contract was in accordance with state statutory law that permits real estate sales for 40% or more below market value.

D. Yes, provided the contract was in writing, in accordance with the Statute of Frauds, and the parties freely consented.

[4/4, 12:34] +254 786 314318: The transfer of ownership is fraught with challenges. To significantly increase the chances for a successful continuation of the business, according to Hausner in the "Legacy Family", the succession should be managed as a process of six orderly transitions. Identify these six transitions.

A.

Government

City Laws

Business Ethics

Management

Ownership

Exit Strategy

B.

Founder

Family

Business

Management

Ownership

Exit Strategy

C.

Organization

Limited Liability

Taxes

Management

Ownership

Exit Strategy

D. none of these

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Answer :-

Option B is the correct

To significantly increase the chances for a successful continuation of the business, according to Hausner in the "Legacy Family", the succession should be managed as a process of six orderly transitions. property first be transferred to the founder and then family and then business management and ownership exit strategy .

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