Identify and explain at least four situations where a written contract is either necessary or recommended
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There are times when you should definitely sign a written agreement:
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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.
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According to the context diagram for the purchasing process, when a purchase order is sent to the vendor, the vendor responds by sending the goods along with a(n) ______________________________
Fill in the blank(s) with correct word
Tungsten, Inc. manufactures both normal and premium tube lights. The company allocates manufacturing overhead using a single plantwide rate with machine hours as the allocation base. Estimated overhead costs for the year are $106,000. Additional estimated information is given below.
Calculate the predetermined overhead allocation rate. (Round your answer to the nearest cent.)
A) $3.53 per direct labor hour
B) $1.66 per machine hour
C) $3.12 per machine hour
D) $0.23 per direct labor hour
One approach for the project manager to digest, clarify and understand the factors leading to the selection of a specific international project is to use a(n) ________ matrix.
Fill in the blank(s) with the appropriate word(s).
A warrant is required for a search by the police where:
A) the police are in hot pursuit of a criminal. B) voluntary consent is given to the search. C) evidence of a crime is in plain view of the police officer. D) a witness has described the location of the evidence in the suspect's house.