Matrix, Inc. is considering opening a restaurant in Smallville and has located a prime vacant land location that is for sale. Matrix wants to do some market research and obtain financing for construction before purchasing the land, but is concerned that a competitor, Zion, Inc., will purchase the land if Matrix does not act immediately. What legal steps should Matrix take, short of purchasing the land now, to prevent Zion from acting before them? Explain.
What will be an ideal response?
Matrix should obtain an option contract on the land to hold open the offer for the time that is long enough to do their market research and obtain financing. An option contract has an offer as its subject matter.
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A. Jake, who is an excellent computer programmer with an eye for detail B. Justine, who shares in the same values, attitudes, and type of culture as the organization C. Jennifer, who feels she is in the right organization and does not want to move to another organization D. Jose, who has a genuine willingness to contribute to the performance of his organization
Companies are most likely to use data mining results identifying unprofitable customers for ________
A) customer retention B) customer loyalty C) customer acquisition D) customer abandonment E) market basket analysis
The proper journal entry to record the receipt of inventory purchased on account in a perpetual inventory system would be:
A) Jan 1 Inventory 540.00Accounts Payable 540.00 B) Jan 1 Office Supplies 540.00Accounts Payable 540.00 C) Jan 1 Purchases 540.00Accounts Payable 540.00 D) Jan 1 Purchases 540.00Accounts Receivable 540.00
A scarcity of __________ can make it difficult for the subsidiary to import raw materials and spare parts for its production equipment.
Fill in the blank(s) with the appropriate word(s).