Decentralization is frequently chosen by companies because it
A) allows higher management to make all decisions.
B) allows higher management to gather local information to make better decisions.
C) protects segments of the company from competitive pressures.
D) allows for training and motivation of local managers.
E) allows the CEO to make all important decisions.
D
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Which of the following is true of an assignment of a right?
A) Unconditional assignment of a contract right retains all the assignor's rights. B) The obligor is entitled to performance from the assignor. C) The assignor loses the right to sue the obligor directly for nonperformance in an unconditional assignment. D) The obligor cannot raise personal defenses against the assignee.
Define performance standards.
What will be an ideal response?
Social coercion to enter into a contract cannot be a basis for avoidance of the contract
Indicate whether the statement is true or false
Advertisements that call for an act may be deemed to be a unilateral contract
Indicate whether the statement is true or false