An agreement required to be written under the statute of frauds must be signed at the bottom and notarized
Indicate whether the statement is true or false
False
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An office machine was purchased for $9,000 cash on January 1 . The machine has a useful life of 3 years and a scrap or salvage value of $1,500 . The annual depreciation for this machine will be:
a. $1,500. b. $3,000. c. $2,500. d. $2,000. e. none of the above.
__________ is knowledge about how to operate as a team to complete a task.
a. Transactive memory b. Team mental model c. Team adaptation d. Role ambiguity
Which of the following statements about claims is most accurate?
A) If you expect that your claim will be granted, a letter or e-mail message is not necessary. B) Businesses will probably take a claim letter more seriously than an e-mail message or a telephone call. C) All claim messages should be written using the indirect strategy. D) Smart businesses dislike receiving claim messages because it means they did something wrong.
Gretchen buys a tractor from Haulers Equipment Company, paying $1,000 down and agreeing to pay off the balance in thirty-six monthly payments of $200 each. The terms of the agreement call for Gretchen to make a payment on or before the first of each
month, beginning March 1 . During the first six months, Haulers receives a $200 payment before the first of each month. Starting in September, however, and continuing for the subsequent five months, Gretchen's payment is never made until the fifth of the month. Haulers accepts and cashes the payment check each time. Before the next payment is due, Haulers decides that it is no longer willing to accept late payments. Can Haulers sue Gretchen immediately for breach? Can Gretchen continue to make late payments without liability? Explain.