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The enforcement of a contract without consideration is an exception to our earlier understanding of enforceable contracts. However the court recognizes some limited exceptions and will deem a contract enforceable despite a lack of valid consideration.
1. Discuss each of the four exceptions recognized by the courts, whereby past performance performance may be deemed sufficient consideration. Do you agree or disagree with the use of these exceptions? Why?
2. In Webb v. McGowin, 168 S. 196 (Ala. App. 1935) as referenced in the text, an employee suffered injuries rescuing their employer from a life-threatening worksite hazard. In the process the employee was injured. The employer promised to compensate the employee for the rescue. The employee prevailed under the moral obligation concept. Using the information you have (you don't have to read the full case), do you think the outcome was fair or not? Why?
Identify the information needed to address the research problem. Make sure this section identifies and explains the issue in detail,
What would be the advantage or disadvantage for a firm being the first in a foreign country?
Your healthcare organization has decided to update its Computerized Physician Order Entry (CPOE) system. Considering what you have learned
Explain the mechanism of language development
Does your organization implement the three horizons approach that McKinsey proposes? If not, make your own proposal for each horizon. Be creative.
Two analytical tools useful in determining whether a company's prices and costs are competetitve are
Ahmad has a total cost function for his furniture factory as follows: TC = 100 + 8Q - 0.12Q2 + 0.004Q3 a. Show that the ATC, AVC, MC, and AFC equations b. At what level of output do diminishing returns set in?
What technologies are used to link databases with employees and other stakeholders?
What are some of the types of bias, and how might bias distort data reporting?
Please read "Country Focus: Foreign Direct Investment in China" (on page 247 in 7th edition and on page 223 in 8th edition). In the late 1970s, China opened its doors to foreign investors.
What are two possible reasons suppliers of more fuel-efficient cars were able to charge premium prices for them, but that ability faded as other suppliers adopt
Business processes generate raw data, e.g. sales orders, inventory, or employee expenses. As demonstrated in class, even simple Excel functions can be used to p
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