Identify and explain at least four situations where a written contract is either necessary or recommended.

What will be an ideal response?


?There are times when you should definitely sign a written agreement:?

 a.The Statute of Frauds requires it.
 b.The deal is crucial to your life or the life of your business.
 c.The terms are complex.
 d.You do not have an ongoing relationship with the other party.
?

Business

You might also like to view...

With respect to the sampling plan, three decisions must be made: (1 ) the sampling unit—who is to be surveyed; (2 ) sample size—how many people should be surveyed; and (3 ) ________

A) sample cost–how much does sampling cost B) surveyor skill–who should conduct the survey C) sample security–how should the sample data be protected D) sampling procedure–how should respondents be chosen E) sample supervisor–who leads the sampling effort

Business

Secondary data are originated by a researcher for the specific purpose of addressing the problem at hand

Indicate whether the statement is true or false

Business

Your supervisor is happy with your work and expresses confidence that you will bring the project in ahead of time and under budget. She is using ______.

A. directive behaviors B. achievement behaviors C. supportive behaviors D. participative behaviors

Business

The amount of cost of goods sold and cost of goods manufactured will be the same if a company sells all of the units it produced

Indicate whether the statement is true or false

Business