Question
updated 4 months ago
Category:
Business Law
Which of the following types of contracts is created when a party with superior bargaining power imposes unfair terms on the other party? Select one: a. Executory contracts b. Unconscionable contracts c. Bilateral contracts d. Express contracts
Editor January 5, 2024
The correct answer is b. Unconscionable contracts. Explanation: An unconscionable contract arises when a party with significantly more bargaining power imposes terms that are unfairly advantageous to them, placing the (View full solution)
20207
US Wheat will be excused from performance because of the doctrine of impossibility of performance
updated 4 months ago
Category:
Business Law
US Wheat Sales, Inc. has a contract with Zambia to supply 1.000.000 bushels of wheat. Before shipment, the US government put an embargo on the sale of wheat to Zambia. US Wheat cannot ship. In a legal action: Group of answer choices US Wheat would be liable for breach of contract and have to pay dam...
Editor January 5, 2024
US Wheat Sales, Inc. faces a contractual predicament due to unforeseen circumstances beyond its control. The company has a standing contract with Zambia to supply 1,000,000 bushels of wheat. However, (View full solution)
updated 4 months ago
Category:
Business Law
True or False. A statement by a man selling his car on craigslist that "this car will last for years and years" is a fraudulent misrepresentation.
Editor January 5, 2024
Answer: FALSE Explanation: Fraudulent misrepresentation hinges on the communication of false facts leading someone into a contractual agreement. There are six key elements to consider: a false representation, materiality of (View full solution)
updated 4 months ago
Category:
Business Law
The phrase "piercing the company veil" applies to which type of organization? general partnership a close corporation a limited liability company an S corporation
Editor January 5, 2024
Understanding "Piercing the Company Veil" in Limited Liability Companies (LLCs) The concept of "piercing the company veil" is applicable to a specific type of organization, and that is the limited (View full solution)
updated 2 years ago
Category:
Business Law
1.The formula in cell H2 contains a referencing error that must be fixed before copying the formula down the column. If the formula were to be copied down the column without making any corrections, which of the following would be true? The formula would always return "Small" The formula would always...
Coursepivot December 29, 2021
1. the formula will always return large, because you have locked a cell G2 by pressing F4 or entering $ sign i.e. =IF($G$2>=30,"Large",IF(G2=30,"Large",IF(G2=30,"Large",IF(G121