When party sues to enforce alleged contract

Assignment Help Operation Management

Reference no: EM132192475

1. Which of the following is a requirement made by the Statute of Frauds when a party sues to enforce an alleged contract?

A) A memorandum must be in existence at the time suit is brought.

B) The contract must contain more essential terms of the contract than the memorandum.

C) Any person who signs the memorandum must sign with the intention of being bound.

D) A memorandum must be made at the time the contract is executed.

2. A bill of lading refers to:

A) a proof of identity that a consignee must deliver to a carrier prior to receiving the goods that have been transported.

B) an agreement between the owner of a vessel and a merchant, by which a ship is hired for the transport of goods for a defined period.

C) a receipt and contract between the shipper of a particular good and a carrier.

D) a form signed by an officer of a vessel evidencing the receipt of a certain consignment on board and which does not serve as a document of title.

3. The difference between a straight bill of lading and an order bill of lading is that:

A) an order bill of lading lists the limitations on the liability of a carrier while a straight bill of lading does not.

B) a straight bill of lading lists the limitations on the liability of a carrier while an order bill of lading does not.

C) a straight bill of lading is negotiable while an order bill of lading is nonnegotiable.

D) a straight bill of lading is nonnegotiable while an order bill of lading is negotiable.

4. A private carrier’s contract for transporting goods is an example of:

A) a mutual-benefit bailment.

B) a bailment for the sole benefit of the bailor.

C) a conversion of property.

D) a bailment for the sole benefit of the bailee.

5. A(n) _____ is a sale in which a seller or an agent of the seller orally asks for bids on goods and orally accepts the highest bid.

A) auction

B) bidding

C) escrow

D) collusion

6. A(n) _____ is a sale in which a seller or an agent of the seller orally asks for bids on goods and orally accepts the highest bid.

A) auction

B) bidding

C) escrow

D) collusion

Reference no: EM132192475

Questions Cloud

Explain the basic steps in the planning process : Describe the steps in the decision making process and predict how the personal attributes of the manager influence decision making.

Best defines subrogation : Which of the following best defines subrogation? Which of the following is true of a quorum?

Labor management reporting and disclosure act : Which of the following is a reporting requirement for unions under the Labor Management Reporting and Disclosure Act?

A definition of fostering student ownership : Explanation of the relationship between motivation and engagement in helping students build self-direction and ownership of learning.

When party sues to enforce alleged contract : Which of the following is a requirement made by the Statute of Frauds when a party sues to enforce an alleged contract?

Identify and describe the core values of the natasha house : State how those core values contribute to the well-being of individuals, groups, societies, or international communities.

Statements best defines power of attorney : Which of the following statements best defines a power of attorney? Which of the following is true of duties that an employee has toward the employer?

Review the functional requirements section : Review the Functional Requirements section and make sure you hit all the points. This will not guarantee a perfect score, however

Explain how upholding these values might contribute : Post a brief description of the societal issue you selected (Bullying). Then, explain the values that give rise to your passion for this issue.

User Account

All Pages