When a buyer breaches a contract, the risk of loss remains with the seller
Indicate whether the statement is true or false
F
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Jonas enters into an oral contract with Chelsea to lease his house to her for $100,000. Chelsea pays him $100,000 and moves in
A month later, Jonas learns that his state requires contracts for the lease of goods with payments of $1,000 or more to be in writing. Which of the following options does either party have now? A) Jonas can evict Chelsea as the contract does not comply with the Statute of Frauds and is hence void. B) The contract cannot be rescinded by either party as it has already been executed. C) Chelsea can rescind the contract on the grounds of noncompliance with the Statute of Frauds. D) Jonas can rescind the contract on the grounds of noncompliance with the Statute of Frauds.
The S in S.T.A.R. refers to
a. speech. b. situation. c. speaker. d. site.
What does LPC stand for regarding the Contingency Leadership perspective and why is it used?
a. Least Preferred Communicator, an instrument that measures the communication style of a leader b. Least Preferred Coleader, an instrument that measures the ability of dual leadership in teams c. Least Preferred Coworker, an instrument that evaluates whether a person is task-orientated or relationship-orientated d. Lowest Possible Coworker, an instrument that measures the best and worst possible team members with a self-managing team
In a periodic inventory system, cost of goods sold is recorded as each sale occurs.
Answer the following statement true (T) or false (F)