When a contract proves to be a bad bargain:
A) the injured party is never bound by the terms of the contract
B) courts will always imply terms that are necessary to avoid hardship.
C) parties are generally still bound by the terms of the contract.
D) the contract must be rewritten.
C
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Product development cycle time is ______.
a. the time it takes to conceptualize, produce, and deliver a product or service b. the time it takes to receive supplies from the time these are ordered c. the time it takes to deliver a product or service d. the time it takes to manufacture a product or service
An acceleration clause: A)?Makes the full amount of the debt due and owing in the event of default
B)?Is void in government?insured loans. C)?Can only be for principal and interest. D)?None of the above
A number of costs and measures of activity are listed below. Cost DescriptionPossible Measure of Activity1.Salary of production manager at a surfboard manufacturerSurfboards produced2.Cost of solder used in making computersComputers produced3.Cost of dough used at a pizza shopPizzas cooked4.Janitorial wages at a surfboard manufacturerSurfboards produced5.Salary of the controller at a hospitalNumber of patients6.Cost of sales at an electronics storeDollar sales7.Cost of testing materials used in a medical labTests run8.Cost of heating an electronics storeDollar sales9.Cost of electricity for production equipment at a surfboard manufacturerSurfboards produced10.Depreciation on shelving at a book storeDollar salesRequired:For each item above, indicate whether the cost is MAINLY fixed or
variable with respect to the possible measure of activity listed next to it. What will be an ideal response?
Episodic telecommuting occurs when work is performed at an alternate workstation on a regular schedule
Indicate whether the statement is true or false