Personal selling can be part of Promotion and involves direct spoken communication between sellers and customers.
What is Personal selling?
Personal selling is a face-to-face sales method where a salesman uses their people abilities to convince a consumer to purchase a specific product. The salesperson tries to persuade the consumer that the product will only add value by emphasizing its different qualities.
Door-to-door sales are one of the typical forms of personal selling. To market and sell the goods/services, salespeople knock on the doors of potential clients. With their excellent interpersonal skills, they attempt to persuade people to purchase from them.
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breezy company is disposing of equipment that was originally purchased for $410,000 and has $131,000 of accumulated depreciation to date. the same equipment would cost $530,000 to replace. what is the total amount of sunk cost in this decision?
The book value of existing asset is $279,000 sunk cost .
What is an example of a sunk cost?
A previously made investment that cannot be recovered is referred to as a sunk cost, also known as a retrospective cost.
Marketing, research, the purchase and installation of new hardware or software, salaries and benefits, and facility expenditures are a few examples of sunk costs in the business world.
Sunk costs in accounting is: the Book value of existing assets such as,fixed assets (e.g., machinery, equipment), inventory, investments, Depreciation.
The cost of machinery =$410,000
Accumulated Depriciation =$131,000
Written down value i.e (the remaining book value) = $(410,000-131,000 ) =$279,000
Here ,the book value of existing asset is =$279,000 = sunk cost
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in year 2, the denim company bought an acre of land that cost $15,400. in year 5, another company purchased a nearby acre of land for $28,400 and a different company purchased another nearby acre of land for $26,400. as a result, an appraiser estimated that the acre owned by denim had increased in value to $27,400. if denim prepares a balance sheet at the end of year 5, the acre of land that it owns should be reported at:
If denim prepares a balance sheet at the end of year 5, the acre of land that it owns should be reported at $15,400.
The purchase price or historical price should be used to register fixed assets at the time of recording.
Since the land in the question was bought for $15,400 and other land is also bought in year 5, Additionally, the value of the land would rise to $27,400.
However, the balance sheet would first reflect the acquisition price, or $15,400.
A balance sheet is a summary of the financial positions of a person or an organisation in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or another type of organisation like the government or a not-for-profit entity.
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a public relations firm wants to ensure that it does not have any issues with lawsuits over violations of any discrimination laws in the future. senior management has asked the vice president of hr to formulate an action plan for addressing this situation. based on this, what should the vice president of hr include in her plan?
The vice president of HR should include the implementation of Equal Employment Opportunity (EEO) policy.
Equal Employment Opportunity is the concept of equal chance in an organization to attain or retain fair employment is known as opportunity. The primary EEO definition (or equal opportunity for employment) is that all employees should be treated fairly when it comes to employment decisions such as hiring, promotion, termination, salary, and so on.
Within the context of the EEO definition,' same opportunities' or 'same opportunity' refers to the fact that employers may not utilize specific grounds for hiring, rejecting, or making other employment decisions.
EEO, or Equal Employment Opportunity, is the notion that everyone has an equal opportunity to pursue a job based on merit, regardless of color, gender, or sexual orientation. The Equal Opportunity for Employment (EEO) Act makes it illegal for employers to discriminate based on certain characteristics.
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you would like to invest $25,800 for one year and are considering two options. investment a will earn interest at a rate of 6 percent compounded monthly. investment b will earn interest at a rate of 7 percent compounded annually. (hint: consider one year only.) required: a. what will be the value of investment a? note: do not round intermediate calculations and round your final answer to the nearest whole dollar amount. b. what will be the value of investment b? note: do not round intermediate calculations and round your final answer to the nearest whole dollar amount. c. which investment would you prefer solely based on the value of investment?
Based on the given information, Investment A is the preferred option as it offers a higher return on investment. Investment A earns 6 percent interest compounded monthly, which results in a value of $27,400 after one year. Investment B earns 7 percent interest compounded annually, which results in a value of $27,265 after one year. Therefore, Investment A is the better option as it offers a higher return on investment.
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refer to figure 4-17. at a price of a. $8, there is a surplus of 6 units. b. $5, there is neither a shortage nor a surplus. c. $2, there is a shortage of 6 units. d. all of the above are correct.
Take note of figure 4-17. At a $8 price, there is surplus or 6 units of a single quantity that is calculated as a whole. a specific amount that may be measured (in the form of length, time, or value).
What do science units mean?Any standard that is used to compare measurements is referred to as a unit. Measurements of an item that have been taken using various units—for example, inches to centimeters—can be accommodated using unit conversions.
What in physics is a SI unit?A universally accepted way to communicate the sizes or counts of significant natural events is to use the International Units System. The System of Units, also known as the metric system, is frequently abbreviated as SI; its original name was Système international d'unités.
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a trade discount is a reduction from the list price, which is used to: a trade discount is a reduction from the list price, which is used to:
Answer:
to buy goods and services
Economists use some familiar terms in specialized ways
a. to make the subject sound more complex than it is.
b. because every respectable field of study has its own language.
c. to provide a new and useful way of thinking about the world.
d. because it was too difficult to come up with new terms.
Economists use some familiar terms in specialized ways: c. to provide a new and useful way of thinking about the world.
Why does Economists use some familiar terms in specialized ways?Economists tend to make use of some familiar terms in specialized ways so as to to provide a new and useful way of thinking about the world.
They as well make use of familiar terms in specialized ways in order to have a more precise and specific language to discuss and analyze economic concepts and phenomena. This allows for more nuanced and sophisticated discussions and analysis in the field, and helps to avoid ambiguity and confusion.
Therefore the correct option is C.
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all of the following are characteristics of a marketing research problem except: group of answer choices asks what the decision maker needs to do. focuses on the underlying causes. asks what information is needed and how it should be obtained. is information oriented.
All of the following are characteristics of a marketing research problem except focuses on the underlying causes.
Which of the following qualifies as a management decision problem characteristic?A management decision dilemma has the tendency to concentrate on the root causes of a problem. The marketing research problem has the trait of concentrating on the root causes of a problem.
What precise elements make up the issue with marketing research?Problem conceptualization, formal research design, data collection and analysis, and findings and report are the four phases of marketing research. The necessary instruments we employ during these stages are included.
What offers a practical framework for communicating with the decision-maker and figuring out the root reasons of the issue?A problem audit is an evaluation framework that enables us to communicate with decision-makers to ascertain the true nature of the issue and the areas of study we should concentrate on in order to pinpoint its root causes. Understanding the problems that the decision-makers are dealing with is the major goal.
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broker harding requires all of his buyers to sign offers with the stipulation that they will use acme home inspection services. this practice is called a
Broker Harding requires every one of his purchasers to sign proposals with the limitation that they will utilize top home examination administrations this practice is called a tying arrangement.
A tying game plan happens when the merchant sells or leases an item or administration depends upon the client concurring, through legally binding or specialized prerequisites, to secure a subsequent item or administration.In a commonplace tying plan where a vendor is expected to join two of her items, these items are in many cases two unique results of hers.For instance, lodging and land, clothing administrations, transportation administrations, etc.In any case, there is another item that makes vagueness when tied by the dealer. or on the other hand, tied) item.Learn more about broker Harding:
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you are a shareholder in a corporation which has elected subchapter s tax treatment. the corporation announces a profit of $7 per share, of which it retains $1 for reinvestment and distributes the rest as dividend payments. given that the personal tax rate is 35%, how much tax must you pay per share?
As a shareholder in a subchapter S corporation, you would not pay tax on the profits of the corporation at the corporate level. Instead, the profits of the corporation would flow through to the individual shareholders and be reported on their personal tax returns.
Given the profit of $7 per share and the retention of $1 for reinvestment, the remaining amount of $6 would be distributed as dividend payments to the shareholders. The personal tax rate of 35% would apply to these dividend payments, so the amount of tax you would need to pay per share would be 35% of $6, or $2.10.
It is important to note that the tax treatment of subchapter S corporations and their shareholders can be complex, and it is recommended that you seek the advice of a tax professional for a more complete understanding of the tax implications of your investment.
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all of the following are hierarchical categories in which a firm's overhead support costs can be classified except:multiple choice batch-level activities.product-level activities.industry-level activities.facility-level activities.
A company's overhead support expenses can be categorized in any of the following hierarchical categories, with the exception of: B. Activities on a Industry level.
Industrial activity refers to the production, assembly, modification, formulation, repair, renovation, ornamentation, finishing, cleaning, washing, disassembly, transformation, processing, recycling, adaptation or servicing of.
The research and development of, any goods, substances or articles for commercial purposes, and includes any storage or transportations.
Costs for hiring a product manager, designing a product, creating packaging for it, ordering an engineering change order, and advertising a product are a few examples of product-level costs.
Costs associated with the creation of a batch of a single product are known as batch-level activities.
Machine setup, quality checks, maintenance, and purchase orders are examples of batch-level operations.
Activity-based costing has a five-pronged framework, which includes batch-level activities.
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if a licensee signs a listing contract with a home seller and then the seller has a disabling car accident, the contract:
True. A listing agreement between a broker and a seller is an employment contract; it is a contract for the broker's real estate professional services, not for the transfer of real estate.
Depending on the status of the market and the location of the property, real estate listing agreements can last anywhere from 30 days to a year. A cancelled contract would not necessarily relieve the seller of paying a commission to the original brokerage. An arrangement known as a "listing" grants a real estate broker the right to represent the seller and locate a buyer for the property on behalf of the property owner. A written agreement between two parties that is voidable might become unenforceable for a variety of legal reasons, such as: failure to reveal a crucial truth by one or both parties. a blunder, false statement, or fraud.
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the willingness and ability of a consumer to buy a normal product falls because of . multiple choice question. a raise in wages
Income affects one's capacity and desire to pay. As a person's income increases, so does their ability to purchase goods. On the other side, more individuals are likely to purchase a product the less expensive it is.
How does income work?Income is the money or value that a person, company, or other organization receives in exchange for giving a specific good or service, throughout addition to from the use of capital.
Which type of income would visitors categorize?The economies of the world are divided into four income groups by the World Bank: low, comparatively low, upper-middle, and high income. Every year on July 1, the categories are updated based solely on the Gini index from the prior year (2021).
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The mean value of land and buildings per acre from a sample of farms is $___________, with a standard deviation of $. the data set has a bell-shaped distribution. assume the number of farms in the sample is_____________ .
Using the empirical rule, we can estimate the proportion of data that falls within 3 standard deviations of the mean would be $900 to $2100. Since the data is bell-shaped and the mean is $1500 and the standard deviation is $200, we can expect that approximately 68% of the data falls within:
$1500 +/- 3 * $200 = $900 to $2100.
So, approximately 68% of the farms would have land and building values between $1300 and $1700. This is equal to
0.68 * 75 farms = 51.
So, we would expect about 51 farms to have land and building values between $1300 and $1700.
b) If 23 additional farms were sampled, we would expect about
23 * 0.68 = 15.64 of these farms to have land and building values between $1300 and $1700.
The complete question is shown below.
The mean value of land and buildings per acre from a sample of farms is $1500, with a standard deviation of $200. The data set has a bell-shaped distribution. Assume the number of farms in the sample is 75 a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between S1300 and $1700 farms (Round to the nearest whole number as needed.) b) If 23 additional farms were sampled, about how many of these additional farms would you expect to have land and building values between $1300 per acre and $1700 per acre? farms out of 23 (Round to the nearest whole number as needed)
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Jason is trying to devise a plan for getting oil from shale and tar sands in order to make better use of them. jason is most likely working in?
Jason trying to devise a plan for getting oil means that Jason is most likely working in Resource development.
Resource development is the field in which people tend to develop new and useful resources with the help of existing resources but with the intent to not harm the environment in any way. For example, developing eco friendly means of production and development of eco friendly fuel and other useful resources so that the environment is not harmed rather it supports the environment. Jason is also doing the same thing as Jason is trying to develop a method so that he will be able to extract oil from shale and tar sands. This will help in reducing the pollution within the environment and useful oil will be extracted from shale and tar sands.
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What is an effective way for digital marketers to use content?
Once you've built an audience, concentrate on producing excellent content and growing brand loyalty through channels such as email marketing.
The use of digital channels to promote products and services to consumers is referred to as digital marketing. Websites, mobile devices, social media, search engines, and other comparable channels are used in this sort of marketing.
With the introduction of the internet in the 1990s, digital marketing grew in popularity. Digital marketing employs some of the same ideas as traditional marketing and is frequently regarded as a novel technique for businesses to approach consumers and comprehend their behavior.
Companies' plans frequently blend traditional and digital marketing tactics. However, it has its own set of issues, including implicit bias.
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an engagement letter is used primarily to: multiple choice disclaim liability. express an opinion on the financial statements. ensure a clear contractual understanding of the services to be provided by the cpa. provide management representations to be included in the audit evidence.
An engagement letter is used primarily to C: "ensure a clear contractual understanding of the services to be delievered by the CPA".
An engagement letter is a document used in the field of auditing and accounting to clearly define the terms and scope of the services to be provided by the CPA. It outlines the responsibilities of both the CPA and the client, including the objectives and expectations of the engagement. This letter helps to establish a clear understanding of the services that will be performed, the timeline for completion, and the fees charged. It serves as a contract between the CPA and the client and helps to minimize the risk of misunderstandings or disputes.
The engagement letter is a critical tool for establishing a clear understanding between the CPA and the client and is an important step in the audit process.
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the united states can use all its resources to produce 250 dvds or 500 shoes. china can use all of its resources to produce 30 dvds or 300 shoes. the opportunity cost of producing a dvd in the united states is group of answer choices
If China and the US can use all of their resources to create 250 DVDs or 500 pairs of shoes, and 30 DVDs or 300 pairs of shoes, respectively. The opportunity cost of making a DVD in the US is therefore equal to two pairs of shoes.
What does the opportunity cost?
The value of what you give up while choosing between two or more options is known as opportunity cost. It's a fundamental idea in both investing and everyday living. The amount of money you might not make by buying one asset over another when investing is known as the opportunity cost. When you choose to spend your money on one thing rather than another, you may incur explicit or implicit opportunity costs. The latter won't drain your bank account, but it will prevent you from using your time and energy in other ways, which could indirectly affect your finances.
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which of the following is a valid identifier? question 10 options: a) 3-com b) 3com c) 3 com d) dollar$ e) three com
3com is a valid identifier. An identifier is a sequence of letters, digits, and underscores, with no whitespaces and must start with a letter or an underscore.
In computer programming, an identifier is a name given to a variable, function, class, module, or other entity in the source code of a program. It is used to identify and refer to the entity within the code. An identifier must follow specific naming conventions, which vary between programming languages, but some common rules include:
Must start with a letter or underscore
Can only contain letters, digits, and underscores
Cannot contain whitespaces
Cannot be a reserved word or keyword in the programming language
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the relationship between price expectations and demand is group of answer choices negative; when future prices are expected to rise, current demand will fall. negative; when future prices are expected to fall, current demand will rise. positive; when future prices are expected to rise, current demand will rise. positive; future prices are generally expected to rise.
The relationship between price expectations and demand is positive, when future prices are expected to rise, current demand will rise.
An economic principle known as the law of demand explains why there is an inverse relationship between the demand for a commodity or service and its price. When a good or service's price rises, fewer people will buy it, and vice versa, if all other variables stay the same.
The demand for a product will rise if people anticipate that the price will rise in the future. This occurs because the consumer will choose to buy something for less money. Consumers will consume less now if they anticipate price decreases in the future. As a result, demand will decrease.
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when discussing the changes in the political and economic systems of the world, it can be said that multiple choice question. command economies have ceased to exist. the battle between the ideologies of collectivism and individualism is less distinct today. totalitarian dictatorships have ceased to exist. countries always favor a planned economy and oligarchy as they move forward.
When discussing the changes in the political and economic systems of the world, it can be said that command economies have ceased to exist.
The world has seen tremendous changes in its political and economic systems over the past decades, particularly in the move away from command economies. This shift has had wide-reaching implications for global economies, with market economies proving to be more efficient and beneficial to a greater number of people.
In the wake of these changes, many countries have embraced the market economy model and seen significant increases in standards of living, employment, and economic stability. As such, it can be said that command economies have effectively ceased to exist in the modern world.
Hence, the correct option is "command economies have ceased to exist."
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the u.s. bureau of labor statistics estimates that 7.3 million workers 65 and over will be working in 2022, down from about 13.2 million today. group of answer choices true false
It is accurate to say that, compared to today's 13.2 million, the US Bureau of Labor Statistics projects that just 7.3 million people aged 65 and over will be employed in 2022.
What is US Bureau of Labor Statistics?A division of the US Labor is the Bureau of Labor Statistics. It acts as a key agency of the U.S. Federal Statistical System and is the U.S. government's primary fact-finding organisation in the broad field of labour economics and statistics. The U.S. economy's productivity, working conditions, pricing fluctuations, and activity on the labour market are all tracked by the Bureau of Labor Statistics to aid in public and private decision-making. Using a form-based query tool, you can get BLS time series data based on your selections. a user-friendly interactive tool that provides access to maps, charts, and tables for displaying spatial economic data.
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suppose brian is in the market for a used textbook and the campus bookstore is having a sale. if the initial price of the used book is $82.50 and the discounted price is $62 , what is the percentage change in the book price? round your answer to two places after the decimal.
The percentage change in the book price is 24.84%
The given data is:
The initial price of the used book is $82.50
The discounted price = $62
What is the percentage change in the book price?
The amount of discount would be calculated as:
Amount of discount = initial price - discounted price
Amount of discount = 82.50 - 62
Amount of discount = $20.50
So, the percentage change in the book price would be calculated as:
(Discount / Initial price) X 100
percentage change in the book price = (20.50/82.50)X100
percentage change in the book price = 24.84%
In conclusion, the percentage change in the book price is 24.84%
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in general, for the u. s. economy, the relationship between unemployment and real economic growth is: a positive. b direct. c neutral. d negative. e non-existent.
Option d is generally correct. In the US economy, the relationship between unemployment and real economic growth is negative. Okun's law examines the statistical relationship between a country's unemployment rate and economic growth.
According to Okun's Law, a country's Gross Domestic Product (GDP) must grow by about 4% in his one year to lower the unemployment rate by 1%.
The U.S. economy recovered quickly from the pandemic, but the rebound in demand strained supply chains and led to a sharp rise in inflation. Fed Continues Tightening Monetary Policy, Phases Out COVID-19 Stimulus, Core Personal Consumption Expenditure (PCE) Inflation Is Fed's Medium-Term Target The economy is expected to slow as it is cut to 2%. But if inflation is more stubborn than expected, the Fed will be forced to tighten further, further slowing the economy.
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the implications of the erg theory is that we need to recognize which of the following? question 21 options: the multiple needs that may be driving an individual at a given point understand group behaviors job design is critical to motivation how to reward employees better
The ERG hypothesis implies that we must acknowledge one of the following The urge to feel important, respected, and accepted by one's peers is referred to as the self-actualization process.
Of the following concepts places the most emphasis on human motivational needs?Process theories place a strong emphasis on human motivational needs. theories. Theories of content focus on the mental processes that shape behavior. The most fundamental physical demands of humans are physiological, and in the job, adequate heat, air, as well as a base income are required to assure existence.
Which need is the most critical in the hierarchy of needs?Self-actualization is the highest need to on Maslow's list of needs. This yearning is the impulse to live up to our full potential. Maslow asserts that this requirement can only be satisfied once all other needs have been supplied.
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candace just accepted her first job paying a $48,000 salary and is planning to take a $5,000 vacation cruise throughout europe for 2 weeks. she is debating whether to take the trip now and finance it with a promotion from the travel company offering no payments for a year at a monthly periodic rate of 1%, or wait the year and save to pay for the trip. if she takes the trip now she will start her career 2 weeks late. approximately how much would she save by waiting a year and not taking her unpaid time from work to travel?
Answer:
that's a waste of money
Explanation:
no
which of the following are features of common stock? multiple select question. it receives dividends every quarter. it receives interest semi-annually. it has no special preference in receiving dividends. it generally has voting rights. it has no special preference in bankruptcy.
It generally has voting rights: Common stockholders have the right to vote in shareholder meetings on important matters like the election of directors.
What is stockholders?Stockholders, also known as shareholders, are individuals or entities that own shares of stock in a company. Generally, stockholders have the right to vote on corporate matters, receive dividends, and share in the profits of the company should it be liquidated. Stockholders are an important part of a company's structure, as they provide capital and help to support investments.
-It has no special preference in receiving dividends: Common stockholders do not receive preferential treatment when it comes to dividend payments.
-It has no special preference in bankruptcy: Common stockholders have the lowest priority when it comes to receiving money from a company in bankruptcy.
-It receives dividends every quarter: Common stockholders may receive regular dividend payments on a quarterly basis, depending on the company's policy.
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jason's department is responsible for the business activities designed to plan, price, promote, and direct the flow of his company's small appliance products to consumers in various nations around the world for a profit. what is his department in charge of?
For the purposes of planning, pricing, promoting, and directing the flow of his company's small appliance products to customers in different countries across the world for a profit, Jason's department is in charge of the business activities. His department is in charge of international marketing.
What does the department of global marketing do?International marketing refers to the distribution of goods or services to consumers outside of your brand's domestic market. Take into account that it is a type of global trade. By entering foreign markets, brands can increase their visibility, create a global audience, and, of course, grow their business.
Who is in charge of international marketing?Executives in international marketing are highly skilled individuals with a focus on global business plans. They have a thorough understanding of economics, business, and sales strategies. They are also skilled in management, strategic planning, and communication.
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efficiency means to achieve results, to make the right decisions, and to successfully carry them out so they can achieve the organization's goals. question 19 options: a) true b) false
The statement "Efficiency me-ans to achieve results, to ma-ke the right decisions, and to success-fully carry th-em out so they can achieve the organ-ization's goals." is False because the answer is Effectiveness.
The correct statement would be "Effectiveness means to achieve re-sults, to make the right decisions, and to success-fully carry them out so they can achieve the organ-ization's goals." Effectiveness is the organ-ization's ends, the goals.
Effective-ness is the capability of producing a desi-red result or the ability to pro-duce desired out-put. When some-thing is deem-ed effective, it me-ans it has an intend-ed or expected out-come, or pro-duces a deep, vivid impress-ion.
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big bank is a major creditor of bonwill department store. after a major loss in profits due to poor holiday sales, big bank decides to help keep bonwill from bankruptcy by orally promising mary tudor, a supplier to bonwills, that it will guarantee bonwill's payment for goods that mary sells to bonwill. most likely, big bank's oral agreement:
Most likely, big bank's oral agreement is enforceable under "main purpose" or "leading object exception to statute.
What is an agreement?According to legalese, a "agreement" is a commitment or a series of reciprocal obligations that the parties to a contract must make in order to enter into a legal agreement. A commitment or series of reciprocal pledges that serve as consideration for the parties to a contract is referred to as a "agreement" in legalese. When someone offers or advises something to another person and that person accepts it, there has been an agreement. Alternately, we could say that the agreement is the total of the offers and acceptances and that an accepted proposal constitutes an agreement. When the party to the agreement to whom the offer or proposal is made expresses his or her permission in this regard for consideration by both parties, the offer is regarded to have been accepted.
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