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Al Long Ford sells Katrina, age 16, a Ford Escape under a contract that states Katrina will pay Ford $800 per month for the next 36 months. The contract has a clause explaining that if Katrina decides to return the car to Ford within 30 days of purchasing it, she will not have to pay the $800/month, but will need to pay $5,000. Katrina returns the car after 12 days but refuses to pay $5,000. What is the best argument that Katrina can use to support her claim that she should not have to pay? a. Even though her signature is on the contract, she did not really "accept" the contract, so it is void. b. Since she returned the car before making the first payment, there was no money exchanged between the parties. Since all contracts require consideration, this one is void. c. Since she was under 18 at the time of signing the contract, the element of capacity is missing, and the contract is void. d. Since most 16-year-old people do not receive income sufficient to support an $800/month payment, it is fair to infer that she lied and that the contract is void because she committed fraud.
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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