Cheat Sheet: Note: UCC governs the sale of goods; NOT SERVICES Offer+acceptance+consideration=contract Four types of contracts: 1. consideration: when you have a contract for a bargained for exchange where the promisor receives a benefit to the promisee’s detriment; note: benefit/detriment has to induce the promise 2. moral obligation: promise+antecedent benefit (rare) 3. promissory estoppel: a contract exists when a person reasonably relies upon a promise to his detriment 4. form: some contracts
Premium Contract
Exercises for Chapter 1 1. Ming started a business with $3‚000 cash. He used $1‚200 of the cash to buy office equipment. (a) Find the assets‚ capital and liability of Ming’s business. Assets: Cash ($1‚800) & Office equipment ($1200) Capital: $3‚000 Liability: $0 (b) What is the amount of total resources in Ming’s business? A. $3‚000 B. $6‚000 C. $1‚800 D. $4‚800 2. ‘Total assets must equal to total capital plus total liability.’ Do you agree? Why? Yes‚ resources owned by a firm (assets) must be either
Premium 1966 1970 1980
ANSWERS TO STUDY QUESTIONS CH 1 1. Why is management important to society? For a society to survive and prosper there must be maintained efficient and effective management of the production of goods and services. 2. Why is management important to individuals? The management function is a source of employment to 18% of the growing work force. It offers good salaries‚ status‚ and opportunities for personal growth. 3. What is the role of the manager? The role of the manager
Premium Management Strategic management
Name______________________ Lab Section ________________ Microscopic Anatomy and Organization of Skeletal Muscle and Muscle Physiology Lab 9 Skeleton Muscle Physiology: Computer Simulation Exercise 16B - Page PEx-23 Activity Sheet Objectives: • Use a simulation of skeletal muscle experiments to investigate threshold stimulus‚ maximal stimulus‚ multiple motor unit summation‚ wave summation and tetanus and the graded contraction
Premium Management Marketing Balance sheet
□ EXERCISE 16 Questions to be Graded 1. The researchers analyzed the data they collected as though it were at what level of measurement? a. Nominal b. Ordinal c. Interval/ratio d. Experimental 2. What was the mean posttest empowerment score for the control group? 97.12 3. Compare the mean baseline and posttest depression scores of the experimental group. Was this an expected finding? Provide a rationale for your answer.
Premium Scientific method Scientific control Research
PVR bluO Entertainment Limited (PVR bluO) Presently the Company operates two bowling alley centers at Ambience Mall-I‚ Gurgaon and Ambience Mall-II‚ at Vasant Kunj‚ New Delhi. The Company has made a roadmap for expansion of its business and will accordingly open additional bowling centers in India at Pune‚ Bangalore‚ Chandigarh‚ Ludhiana and Noida. These bowling centers on being operational are expected to enhance the income and profitability of the Company. Industry Structure & Development The
Premium Film Movie theater Cinema of India
Get Some Exercise Workouts for Better Writing Some writers say that writing is like music practice: if you miss a day‚ you’ll notice your work isn’t as smooth; if you miss a couple of days‚ you’ll really notice; and if you miss a week‚ other people will notice. So what can you do when you aren’t actively working on a story‚ novel‚ poem or essay? You can practice. You can exercise. A writing exercise is usually something short that you can complete in an hour or two (or even much less)‚ but which
Premium Character Writing Fiction
both the mental and physical health aspects. Positive exercise habits formed in childhood tend to carry over into adulthood‚ thus helping reduce death and illness in the future. There are many other positive benefits that come through the form of exercise. Just as well‚ there are negative effects that can results from lack of exercise. Developing and instilling the importance of exercise through education is valuable to the youth of exercise. When determining physical activity‚ it is important
Premium Obesity Weight loss Exercise
students are required to undertake and evidence a series of meetings to confirm progress on the preparation and writing of the OTHM assignment. This tracking sheet has been designed to assist in structuring these meetings‚ and a copy should be sent to OTHM together with the assignment. Self-study students should also complete this tracking sheet to assist in producing their assignment. Meeting 1 Date and time: Suggested coverage: Confirm that assignment guidelines on OTHM’s website
Premium Word processor Writing Academic dishonesty
Importance of Exercise Most of us know by now that we should be exercising on a regular basis. But do you really know why exercise is so important? Not only does working out help you shed a few pounds‚ but there are also many other compelling reasons to include some regular activity in your routine. To begin with‚ Exercise has many benefits that will help people live longer‚ healthier‚ and happier lives. Not only is exercise healthful‚ it also has an effect on our overall appearance and body
Free Physical exercise Exercise Muscle