Which of the following conditions is a prerequisite for any agreement to be legally enforceable?

A) The parties entering into the agreement must be over the age of thirty-five.
B) The agreement must be made in a court of law.
C) The parties entering into the agreement must have the mental capacity to contract.
D) The agreement must be signed in the presence of a third party who witnessed the proceedings.


C

Business

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Compare and contrast the push and pull supply chain methods.

What will be an ideal response?

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In the space below, state whether each situation is a deferral or an accrual. ______a. Unrecorded interest on savings bonds is $765. ______b. Property taxes that have been incurred but that have not yet been paid or recorded amount to $1,034. ______c. Legal fees of $2,890 were collected in advance. By year end, 70 percent were still unearned. ______d. Prepaid Insurance had a $900 balance prior to

adjustment. By year end, 25 percent was still unexpired. ______e. Salaries earned by employees by year end but not yet paid or recorded amounted to $1,655. ______f. Services totaling $690 have been performed but not yet recorded or billed. Fill in the blank(s) with correct word

Business

When people from one culture behave in ways that are surprising to people from another culture in a business meeting, all those attending the meeting need to make thoughtful (______ cognition) rather than spontaneous adjustments.

A. work group interactions B. Type 2 C. Scripts D. internalization

Business

To better understand her company's operations, a risk manager asked a production manager to draw a diagram tracing the steps in the production and distribution of the company's products. Such a diagram, which is useful in risk identification, is called a

A) financial statement. B) risk management matrix. C) flowchart. D) risk management audit.

Business