One way of avoiding a fatal mistake at the close of negotiations is to reduce the agreement to written form.

Answer the following statement true (T) or false (F)


False

Business

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______ can be granted by the organization but responsibility has to be accepted by the party.

A. Ethics B. Principles C. Authority D. Values

Business

Under the add-on method for determining payments on a consumer loan,

A) service charges are added to the each monthly payment. B) a service charge for loan handling is added to the amount borrowed. C) interest is only added to the final monthly payment on the loan. D) interest is added to the amount financed in order to determine the total monthly payments.

Business

Workers at the Kin Ki plants are required to work _______________ hour weeks.

a. 96 b. 33 c. 40 d. 84

Business

Dale sold an oil painting to Jane for $1,000. Jane was to pick it up the next day, but an art dealer came into the store before she arrived and told Dale it was a rare painting by a famous artist and offered Dale $25,000

Dale didn't tell the dealer about his sale to Jane, and Dale sold it to the art dealer for $25,000. As a result A) Jane can successfully sue Dale for breach of contract and seek pecuniary damages B) Dale's contract with Jane was void due to innocent misrepresentation C) Dale's contract with the art dealer was void for public policy reasons D) Dale's contract with Jane was void due to mistake E) Jane can sue both Dale and the art dealer

Business