Are these agreements valid

Reference no: EM132515619

In some ways, contracts can be very easy to enter into. In fact, we often enter into agreements simply by our actions.

For example, many businesses place small notices near their entryways warning that by entering the building you consent to video recording or by parking in a specific lot you agree that the lot owner is not liable should anything happen to your car (even if you paid to park there).

Are these agreements valid?

Should individuals be held to agreements even if they did not know about them?

Reference no: EM132515619

Questions Cloud

What inventory turnover ratio and the gross margin return : What are the inventory turnover ratio and the gross margin return on inventory investment for 2017? Kent Inc. provided the data for 2016 and 2017

Price fluctuation of corn : Suppose a corn farmer in Midwest is expecting to harvest 100,000 bushels of corn in the fall. What is the strategy that this farmer can use

Prepare the journal entry to record the adjustment : At December 31, Evenflo held Eastjet Corp bonds with a cost of $150,000. Prepare the journal entry to record the adjustment required

What is the total cost of the departmental work : What is the total cost of the departmental work in process inventory at the end of the period (round unit cost calculations to whole dollars)

Are these agreements valid : In some ways, contracts can be very easy to enter into. In fact, we often enter into agreements simply by our actions.

Propose a risk response plan to face or overcome the risk : Case Study - Risk Management and Evaluation - Propose four possible risk events that could be triggered by the COVID-19 pandemic and explain how they might

What is cash flow per bushel of corn : If the futures contract is marked to market on a daily basis as the price changes, what is your cash flow per bushel of corn at the end of the day today?

Major forms of business organization : Compare and Contrast the three major forms of business organization : Sole proprietorship, partnership, corporation.

How long on average does it take the firm to collect : Bilt Rite has sales of $610,000 and cost of goods sold equal to 68 percent of sales. The beginning accounts receivable balance

User Account

All Pages