Home & Barn Construction, Inc, contracts with Idyll Farms to build a new dairy barn on Idyll's property for which Idyll agrees to pay. The elements of this, and any other, contract include
a. the parties' capability.
b. consideration.
c. necessity of purpose.
d. price.
b
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In what environment can companies not rely on planning years ahead but rather need experimentation to stay abreast of innovation?
a. In a macroeconomic environment b. In a competitive environment c. In a high-velocity environment d. In a stable environment
Which of the following statements about forecasting is FALSE?
A) The forecasting horizon should be at least as long as your strategic plan. B) The longer the time horizon the more inaccurate the forecast will be. C) There is an inverse relationship between forecast accuracy and time. D) Product life cycle influences the length of the forecast. E) The longer the time horizon the more accurate the forecast will be.
One of the motions that can be made after a verdict has been entered is a motion for a: A) mistrial
B) summary judgment. C) directed verdict. D) judgment notwithstanding the verdict.
In the case of a railroad worker accident brought to court in the 1900s, one of the defenses the railroad company used against the plaintiff was the "fellow-servant" doctrine. What does this refer to?? A) ?The claims for such incidents are usually settled out-of-court, as between fellows
B) ?The company is not a separate entity above the employee, but a colleague and a caretaker. C) ?The injured employee had assumed responsibility of the risks involved. D) ?The accident is attributed to the negligence of the co-worker.