In addition to the four basic requirements of a contract, which of the following must also occur in order to have a valid contract?

a. The agreement must always be in writing.
b. There must be evidence of undue influence.
c. There must be an absence of invalidating conduct.
d. A legal remedy must be available for there to be a breach.


c

Business

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Locus of control refers to the extent to which a person believes circumstances are a function of either one’s own actions or external factors beyond one’s control.

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

Business

Project scheduling is ______.

A. the process of converting a project’s goals into a logical method for completing it on time B. the process of identifying the period in the company’s growth when the project should begin C. the process of identifying the time in the year when the project should begin D. the process of identifying the point in a product’s life cycle when the project should begin

Business

The Food and Drug Administration does not have the authority to directly recall any food products that it suspects are tainted but must rely on the producers to recall items

a. True b. False Indicate whether the statement is true or false

Business

In essence, a queuing system includes several major components. Which of the following is not one of them?

A. Source population B. How the customer exits the system C. The queue discipline D. Servicing system E. None of these

Business