Scott entered into a unilateral contract with Hume. Scott used the large signboard to offer $1000 to the ballplayer who hit a homerun over the sign. This is a promise for an act. Hume completed the performance of the act by hitting the homerun over the sign and therefore the unilateral contract between them was formed.…
2. State whether the following provisions in a note impair or preclude negotiability, the instrument in each instance being otherwise in proper form. Answer each statement with either “Negotiable” or Nonnegotiable” and explain why.…
12.1 Jerome is an elderly man who lives with his nephew, Philip. Jerome is totally dependent on Philip’s support. Philip tells Jerome that unless Jerome transfers a tract of land he owns to Philip for a price 30 percent below market value, Philip will no longer support and take care of him. Jerome enters into the contract. Discuss fully whether Jerome can set aside this contract.…
An effective performance evaluation system is based on accurate performance standards that are easily defined, measured, and standardized for all employees. Behavioral evaluations are based on observable aspects of performance while trait evaluation involves personal judgment regarding characteristics of an employee related to performance. Some examples of trait appraisals would be initiative, leadership, and attitude. Behavioral evaluation is based on whether or not an employee is actively aware and proactive in developing procedures to improve the organization. It is also necessary to evaluate the specific job related criteria needed to perform the activity. In this case, the engineer is described as a bright and detail oriented person who has considerable experience in the industry.…
1. Under the Warranty of Fitness for a Particular Purpose, what two things must a seller know about a buyer? 280…
2) Is Bright entitled to specific performance because of the unique nature of the goods?…
| Resource: Case Brief Cipollone v. Liggett Group, Inc., et al. in Ch. 2, section 2-6, “Commerce Powers,” of the textWrite a 700- to 1,050-word paper in which you define the functions and role of law in business and society. Discuss the functions and role of law in your past or present job or industry. Properly cite at least two references from your reading.…
You own University Heights Apartments, a business that rents primarily to students. One evening, your tenant Sharon is attacked by an intruder who forces the lock on the sliding glass door of her ground-floor apartment. Sharon's screams attract the attention of Darryl, your resident manager, who comes to Sharon's aid. Together, he and Sharon drive the intruder off, but not before they both are badly cut by the intruder.…
The method used for measuring the employees’ skills must be relevant, sensitive, reliable, acceptable, and practical. Team “A” has selected the behavioral checklist as the process of measuring performance because it meets the five requirements. The checklist is relevant if all the obvious skill sets are listed. If the checklist is used fairly, the employees can see clearly that their hard work is evident as opposed to the work of someone who slacks…
This framework implements a process that requires managers to rank their employee performances into three categories; the top 20 percent, the middle 70 percent and the bottom 10 percent. It also requires managers to act on this performance rankings…
The department of human resource in Egan’s Clothiers formulated a method which links these rewards to objective measures of performance by each department manager assigns each employee to one of five categories which are superior, very good, good, fair and poor. This performance appraisal method is not effective at all in reducing labour cost instead the productivity and performances of the employee are getting worst.…
Job performance is one of the most important factor in both organizational psychology and human resource management, for the last decade there have been growing interest in the development of knowledge about performance measurements in organizations, researchers have covered a wide range of areas surrounding the subject, like identification of problems and different approaches to measure performance. In organizational environment we can perceive the performance evaluation process, as the practice of a mutual exchange between an employee and his manager. That allows the employee to get an individual feedback about his job performance and productivity based on previous established objectives well and a clear understanding of what areas does he needs to improve. As well It allows the manager the chance to explain his expectations and give the employee valuable feedback. Performance review process are been used for give job promotion, feedback for the employee regarding how the supervisor viewed his performance, evaluations of relative individuals contribution in achieving organization goals, reward decisions, including merit increases, promotions, and other rewards.…
A job analysis is a way to describe a job or the attributes needed to obtain the job (Spector, 2012). Different jobs need people with certain attributes; these attributes help the job be completed as necessary. A job analysis can help companies hire the right employees, and this creates a successful working environment. There are two different job analysis approaches; each approach focuses on different needs for a job. The first is the Job-Oriented approach; this approach describes the nature of the job, some job analysis, go into specific task (Spector, 2012). The second is the Person-oriented approach; this approach describes the specific attributes or characteristics needed to successfully do the job (Spector, 2012). This paper will conduct a job analysis for my preferred job using one of the job analysis methods and discuss how it could be used within an organization. Evaluate the reliability and validity of the job analysis. Evaluate different performance appraisal methods that might be applied to my chosen job and explain the various benefits and vulnerabilities of each performance appraisal method.…
Checklist is the most common technique used by companies. It is a rating containing statements describing both effective and ineffective job behaviors. Behavioral checklists are well suited to employee development because they focus on behaviors and results, and use absolute instead of comparative standards. An advantage of using checklists is that evaluators are asked to describe rather than evaluate a subordinate’s behavior. The supervisor weighs the high and low points on his list and comes up with an overall rating for employee performance. On the other hand, a disadvantage of using checklists is the money and time it can consume for the construction of its instruments.…
Use – This system will be a vital component of the performance appraisal process as it will interpret the evaluation of the entire process and route the end result to a more meaningful conclusion for the appraise and the appraiser. It system will be used to build trust in the employee that diligence, perseverance and hard work is acknowledged and rewarded by the organization. This will ensure the best of the employees to come up and contribute to the overall growth of the organization.…