Hensley and Boyer have been negotiating for several months over issues related to the purchase and sale of some real estate. They draft a letter of intent that
A) protects both parties by ensuring the other side is serious and creates a binding agreement on the issues on which the parties have agreed thus far
B) may or may not be an offer, depending on the exact language and whether the document indicates that the parties have reached an agreement.
C) has a legal binding effect concerning the issues outlined in the letter.
D) courts will consider to be a valid offer which the other party must accept if offered in good faith.
B
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When it comes to labor relations, which of the following would not be likely under a true stakeholder model of corporate governance?
A. Integrative bargaining with union over wages, hours, and working conditions. B. Information-sharing with labor, including information on company financial status. C. Highly formalized grievance resolution procedures. D. Employer neutrality in a union organizing campaign.
What six elements must be present for the crime of larceny to exist?
The factor that differentiates flexible factories from traditional factories is that flexible factories
A. tend to focus on multiple products at a time. B. organize work flow around products. C. move large orders through assembly lines. D. avoid decentralized scheduling. E. have relatively longer production runs.