Outline the focused, multi-step process recommended for reading a contract before you agree to it
Pre-reading. Before you begin reading the first draft of a contract, spend some time thinking about the provisions that are important to you. If you skip this step you may find that, as you read, your attention is so focused on the specific language of the contract that you lose sight of the larger picture.
The first read. Read through once, just to get the basic idea of the contract – its structure and major provisions.
What-ifs. This is the time to think about various outcomes, good and bad. What happens, under the terms of the contract, if all goes according to your plan? Also consider worst case scenarios. In both situations, does the contract produce the result that you want? What happens if sales are higher than you expect? Or if the product causes unexpected harm?
The second read. Now read the contract to make sure that it handles the what-ifs in a manner that is satisfactory to you. Think about the relationship between various provisions – does it make sense?
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Which consumer buyer behavior trend suggests that the traditional roles, lifestyles, and interests of both men and women are becoming blurred?
A) age complexity B) gender complexity C) active, busy lifestyles D) individualism
Identify a true statement about the financial terms and conditions of a sale.
A. Free on board (FOB) installed indicates that title and responsibility of an equipment are transferred before it is installed and operating properly. B. The terms and conditions of a sale do not include shipping costs. C. Promo codes encourage large purchases by passing along savings resulting from reduced processing costs. D. Figuring out the final actual price is easy, especially in situations with many options and packages rather than standardized products. E. Factors that affect price are the use of quantity and other discounts, as well as credit and shipping terms.
Name and discuss the functions of each of the two important environmental water acts.
What will be an ideal response?
Which of the following is not needed to prepare a statement of cash flows?
A. Comparative balance sheets B. A complete income statement C. Statement of Retained Earnings D. Additional data concerning selected accounts that increase and decrease as a result of investing and/or financing activities