What makes contracts difficult to read or comprehend

Reference no: EM13297737

1. Many times we have a contract in front of us and we merely scan it and then sign it. Discuss what makes contracts difficult to read or comprehend.

2. Identify and then explain the two most important elements of a contract that every manager should know about. Support your answer with an example or rationale.

Reference no: EM13297737

Questions Cloud

What is the internal rate of return used to reach decision : The cost to build the motel is estimated at $8,000,000; Value Lodges estimates furnishings for the motel will cost an additional $700,000 and will require replacement every 5 years. Annual operating and maintenance costs for the motel are estima..

What is her holding period return : Christy purchased 100 shares of Good Idea stock for $48 last year. Yesterday she sold the stock for $45. If she received $4 in dividends during the time she held the security, what is her holding period return? a. 2.08% b. 8.30% c. -6.30% d. 14.60..

Determine maximum amount fabco should be willing to pay : Fabco, Inc., is considering purchasing flow valves that will reduce annual operating costs by $10,000 per year for the next 12 years. Fabco's MARR is 7 percent/year. Using an internal rate of return approach

How far from the objective lens is the object : A microscope with an eyepiece lens of focal length 1.80 cm and an objective lens of focal length 0.95 cm is used to examine a section of the brain of a sacrificed rat. How far from the objective lens is the object

What makes contracts difficult to read or comprehend : Many times we have a contract in front of us and we merely scan it and then sign it. Discuss what makes contracts difficult to read or comprehend. Identify and then explain the two most important elements of a contract that every manager should know ..

What amount must you deposit each year : You want to have $25,000 in your savings account eight years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 4.75 percent interest, what amount must you deposit each year?

How goods are sold or makes it more confusing : Explain whether the UCC clarifies how goods are sold or makes it more confusing. From the comparison you conducted in the e-Activity, discuss whether or not a manager would likely need to have a complete picture of the UCC in each state. How much doe..

Determine the correct contact lens prescription : A farsighted man uses eyeglasses with a refractive power of 2.10 diopters. Wearing the glasses 0.03 m from his eyes, What is the correct contact lens prescription

Identify carriers for a gene causing prostate cancer : A screening test was used to identify carriers for a gene causing prostate cancer. Discuss the social, legal, and moral implications of using the results of the test.

User Account

All Pages