Ch 4 what is a contract Study guides, Class notes & Summaries

CAIB 3 Practice Exam Questions with Correct Answers What is the name given to the collection of written decisions? - Answer-Case Law Explain the concept of the Rule of Precedent. - Answer-Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. Explain the meaning of the term "damages". - Answer-Compensation in money for the loss or damage s...

Economics Today The Macro View Ch.4 Practice Quiz/Exam Questions 1. In a price system, changes in prices: A) Indicate to consumers what they should purchase. B) Help buyers and sellers identify market trends. C) Indicate to consumers that certain goods are relatively more or less scarce. D) Provide information about the quality of goods. Answer: C 2. With an increase in the price of soft drinks, which of the following is not likely to occur: A) The soft drink indust...

CH. 4 What is a Contract Questions & 100% Verified Correct Answers with complete solutions (Latest update 2024 2025

NURS420 Ch 25 Exam Questions and Answers 100% Verified and Updated The nurse manager is educating staff about the collective bargaining process. Who should this nurse say controls collective bargaining in health care? - Answer-Federal laws The nurses of a hospital have given notice of their desire to unionize. The nurse executive is meeting with all nurse managers to discuss their role. Which information should the executive provide for these managers? - Answer-If the nurses on you unit ...

Real Estate Gold Coast test 100% solved Correctly Prorating Rent - Answer- paid in advance monthly rent collected by the seller for the month must be divided between seller and buyer Areas of expert knowledge required for all real estate licensees? - Answer- 1. Property Transfer 2. Valuation 3. Marketing (Not accounting or construction) Real estate licensees can perform valuations under the real estate license law if the valuation is not to be used _________. - Answer- in a federally r...

Payroll Fundamentals Ch. 1 Exam 135 Questions with Verified Answers Common Law Test - Questions - CORRECT ANSWER 1) How independent is the employee? 2) How much control can be exercised over the worker? Common Law Test - Employee - CORRECT ANSWER - Required to comply with employer's instructions about when, where, and how to work - Works exclusively for the employer - Hired by the employer - Subject to dismissal; can quit without liability - Has a continuing relationship with the e...

SHRM-CP People Situational Questions 1. One of HR's strategic abilities is an awareness of external factors that can affect the organization and HR's job. Which task reflects this ability? - a. Creating job alignment between the HR and organizational strategies. - b. Conducting annual employee surveys - c. Gathering information about technologies that could increase HR productivity ️ - d. Networking with leaders of other functions to build consultative relationships Explanation: Gath...

Business Law in Canada, 11e (Yates) Chapter 3 The Resolution of Disputes: The Courts and Alternatives to Litigation 1) Taisa is a massage therapist who runs a successful business from her home. One of her long-time clients, Greg, owes her a considerable sum of money relating to unpaid massage therapy sessions. Greg is reluctant to pay because he is unhappy with the services he has received. Which of the following is true? A) If her primary concern is to preserve her relationship with Gre...

Hawaii Real Estate Exam Ch. 13-16 Module 5 Final Exam Questions 2024. Quitclaim Deed - correct answer A deed that conveys no promises but implies that the grantor owns the property a valid deed in completion of a sales contract must be signed by the: - correct answer Seller Hawaii State Conveyance Tax rate for properties - correct answer 1. $0.15 per $100 for properties less than $600,000 2. $0.40........................................$1mil. but less than $2mil 3. $0.60........$2mil bu...

Ch. 15 Contracts in Writing - correct answer Try to avoid verbal contracts. Terms of a written contract do not change overtime, while parties' recollections of oral contract terms might. Parol Evidence Rule - correct answer Protects a written contract from allowing parties to introduce any evidence in a lawsuit that would alter, modify, or vary the terms of the written contract. Statute of Fraud ...