Frank's Furniture Company promised in a written agreement to purchase as much walnut wood "as it desires" from Forestry Products, Inc If Frank's purchased walnut wood from another source and Forestry Products sued, what is the likely result?
Frank's is not obligated to purchase anything from Forest Products under this contract. Therefore, the contract is illusory and fails for lack of consideration. Forestry Products could not win a suit to enforce an agreement.
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Direct materials and direct labor go directly into ____________________
Fill in the blank(s) with correct word
After the crises in Japan in the spring of 2011, the
A. yen strengthened. B. yen stabilized at a 10-year low. C. Japanese monetary authorities allowed the yen to trade against the renminbi. D. yen reached all-time lows against the dollar and the euro.
Which of the following is an example of a deferral?
A) Wages recorded but not yet paid. B) The purchase of a company vehicle. C) Legal fees earned but not yet collected. D) The accumulation of interest in a bank account.
Under what condition might an employee feel upward dissent is the best choice?
What will be an ideal response?