The requirement that consideration be bargained-for means

Assignment Help Operation Management
Reference no: EM131034987

The requirement that consideration be bargained-for means that:

a. the consideration in a contract must be exchanged simultaneously

b. the values of the consideration cannot be greatly different between parties

c. the inducement for each party to give consideration was the consideration of the other party.

d. one party determines the consideration to be given by each party.

Reference no: EM131034987

Questions Cloud

Determine the initial vertical force p : determine the initial vertical force P that must be applied to the paper on the stub roll in order to pull down a sheet.The stub roll is pinned in the center, whereas the fresh roll is not. Neglect friction at the pin
Valuation of a constant growth stock : Investors require a 15% rate of return on Levine Company's stock (that is, rs ¼ 15%). a. What is its value if the previous dividend was D0 ¼ $2 and investors expect dividends to grow at a constant annual rate of (1) -5%, (2) 0%, (3) 5%, or (4) 10%..
Legal detriment in the context of consideration means : "Legal Detriment" in the context of consideration means:
Positive externalities are a market failure : Positive externalities are a market failure (lack of efficiency) because: A.        One person pays for what someone else gets to enjoy B.        Some people don't get enough of what they want because they can't afford it
The requirement that consideration be bargained-for means : The requirement that consideration be bargained-for means that:
Product strategy as part of the marketing mix : Product strategy, as part of the marketing mix, should be driven by consumer needs. Consumers make purchase decisions based on perceived benefits. Sometimes translating desired benefits to product design, features, and overall product strategy can be..
Discuss one aspect of the low-cost-carrier : Discuss one aspect of the low-cost-carrier business model, such as Ryanair's, that provides a sustainable cost advantage over a large network carrier, for example, British Airways.
How will this blog impact the sales process : Before Dee could get very far with her project to create a blog for the sales force, she needed a budget. For that, she needed the approval of her boss. When Dee explained the idea to him, he was pleased that she was thinking innovatively. How will t..
Different wire soldering machines : The Schwab Steel Company is considering two different wire soldering machines. Machine 1 has an initial cost of $100,000, costs $20,000 to set up and is expected to be sold for $20,000 after 10 years.

Reviews

Write a Review

Operation Management Questions & Answers

  When production capacity can be added in small increments

Rivalry tends to be high when there are few firms in an industry and these firms tend to be unequal in size, the industry growth rate is high, firms are unable to differentiate their products, when production capacity can be added in small increments..

  Identify a process that your encounter on a daily basis

Identify a process that your encounter on a daily basis, such as a lunch cafeteria or the journey from your home to school/work.

  Discussion on social capital

To successfully complete this discussion, "Social Capital," read the following articles from the Ashford University Library:

  What does the statistics term significant difference mean

What does the statistics term "significant difference" mean? If there is a significant difference, is it automatically managerially significant?

  Impact of information technology on customer service

Which of the following is a negative impact of information technology on the customer service provided by service organizations?

  Make the tone conversational yet professional

Revise the following to make the tone conversational yet professional. Pertaining to your request, the above-referenced items (printer toner and supplies) are being sent to your Oakdale office, as per your telephone conversation of April 1.

  Find the optimal product mix

A company manufactures two products X1 and X2 on three machines A, B, and C. X1 require 1 hour on machine A and 1 hour on machine B and yields a revenue of Rs.3/-. Product X2 requires 2 hours on machine A and 1 hour on machine B and 1 hour on machine..

  What are the implications of managing quality at delta

What are the implications of managing quality at Delta. Has that quality lapse damaged Delta in the marketplace

  Retrenchment is typically accomplished through

A fragmented industry is one in which, All of the following are skills or resources that foster rapid response (speed) EXCEPT: Retrenchment is typically accomplished through: The extent to which a business concentrates on a narrowly defined market, i..

  Summarize the organizations present and past use of

as an it manager create a 10 - 15 slide professional powerpoint presentation using speaker notes for the ceo. the

  Comparison in the cost of doing manufacturing business

In need help in how to establish a comparison in the cost of doing manufacturing business in Puerto Rico with China. What are the best elements, indicators to do the comparison?

  Describe the critical role of operations management plays

Describe the critical role of operations/logistics management plays in business organisations. Evaluate the characteristics of various operations and logistics environments and assess their impact on business.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd