What are nonnegotiable contracts?
What will be an ideal response?
If a promise or an order to pay does not meet one of the previously discussed requirements of negotiability, it is a nonnegotiable contract and is therefore not subject to the provisions of Uniform Commercial Code (UCC) Article 3. A promise or an order that conspicuously states that it is not negotiable or is not subject to Article 3 is not a negotiable instrument and is therefore a nonnegotiable contract. A nonnegotiable contract is not rendered either nontransferable or unenforceable. A nonnegotiable contract can be enforced under normal contract law. If the maker or drawer of a nonnegotiable contract fails to pay it, the holder of the contract can sue the nonperforming party for breach of contract.
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The project manager must quickly establish operational ground rules for how the team will work together. These include planning, tracking, managing change, and relationship decisions. Which of the following is an example of a planning decision?
A. Who will generate and distribute reports? B. How will progress be assessed? C. How will changes be documented and evaluated? D. What departments will the team need to interact with during the project? E. What are the specific roles and responsibilities of all the participants?
In AIS, managing and carrying out the systems development life cycle to achieve an intended outcome is called:
A. Life cycle development. B. System analysis. C. Executive sponsorship. D. Project management.
The three core business processes essential to customer value creation are product development management, supply chain management, and customer relationship management
Indicate whether the statement is true or false
You can hold yourself accountable for your goals by
a. keeping your goals in a diary or journal. b. sharing them with others. c. contracting with yourself. d. all of these choices.