With bilateral contract each side gives the other side

Assignment Help Operation Management

Reference no: EM132098030

True False

1. With a “bilateral” contract, each side gives the other side a promise as the consideration for the contract. True/False

2. The “Statute of Limitations” dictates the amount of time within which a lawsuit must be filed, following the "incident" which allegedly caused harm to the Plaintiff (tort, breach of contract, etc.). True/False

3. Matilda promises, in writing, to give Roberto a gift of $10,000 on his 18th birthday. Because this is in writing, it is a type of contract. True/False

4. "Quasi-contract" is a legal theory based on fairness, not on a contract. This legal theory may apply when the parties have not actually entered a contract, and one side has suffered harm. True/False

5. Alexis makes an oral promise to Roberto that she will prepare a 4-course meal for twenty people and bring it over to Roberto’s house at 5 pm Saturday February 27, 2016, just before Roberto’s party (it begins at 6 pm). Roberto promises to pay Alexis $400 on Monday February 22. These oral promises are binding on both sides as a contract. True/False

Reference no: EM132098030

Questions Cloud

What can ludmilla do to increase the success of expats : What has been the reason for the high failure rate of expatirate managers in Uzbekistan? What can Ludmilla do to increase the success of expats?

Define sustainable talent management strategy : Develop three possible ways that senior leadership might resist the development of a strategy and one way to combat each of these types of resistance to ensure.

How the selected organization is meeting the concepts : Write a 700- to 1,050-word paper in which you analyze how the selected organization is meeting the concepts of Competitive Advantages as outlined in Hisrich.

Write a summary that coordinates with the six events : Write a summary that coordinates with the six events in the table. In your summary for each disaster, you should cover the following information.

With bilateral contract each side gives the other side : With a “bilateral” contract, each side gives the other side a promise as the consideration for the contract.

Describe how your attitude about business management : Describe how your attitude about business management has been impacted by the information you gained in this course.

Determine each of average time spent in the system : Determine each of the System utilization, Percentage of time the server (agent) will be idle, Average time spent in the system.

Review problem on employee compensation and benefits : HRMN 395 This assignment consists of two (2) sections: a narrative and a PowerPoint presentation. You must submit two (2) sections for the completion.

Differences between in-home and mall-intercept interviews : What is the major differences between in-home interviews and mall-intercept interviews. What are their advantages and disadvantages.

User Account

All Pages