Match the Following: A.A Contract That Binds an Offeror to Keep an Offer

question 31

Essay

Match the following:
a.A contract that binds an offeror to keep an offer open for a specified period of time.b.Improper physical or mental coercion exercised upon a person so that he is forced to act against his free will.c.Taking unfair advantage of a person by reason of a dominant position based on a relationship of trust and confidence.d.A contract resulting from the exchange of a promise for an act or a forbearance.e.A wrongful failure to properly perform contractual promises.f.A contract that has not been fully performed.g.A binding agreement that the courts will enforce.h.A contract that has been fully performed by all of the parties.i.A contract in which both parties exchange promises.j.Contingency not contained in the language of the contract but imposed by law.k.Transfer of a contractual obligation to a third party.l.A merchant's irrevocable offer to sell or buy goods in a signed writing that gives assurance that it will not be terminated for the time stated,up to three months.m.A statement in the form of a promise that imposes no obligation on the person making the statement.n.Affirmation of an entire contract;may be done upon reaching majority.o.The inducement given to enter into a contract;whatever is given in exchange for something else.p.A substituted contract involving a new third-party promisor or promisee.q.An equitable remedy that compels the actual performance by the defaulting party of his contractual obligations.r.Voluntary transfer of contractual rights to a third party.s.An obligation not based upon contract that is imposed to avoid injustice.t.Withdrawal of an offer by the offeror.u.Doctrine enforcing noncontractual promises in certain circumstances to avoid injustice.v.A court order prohibiting a party from doing a specific act.w.Approval based on whether a reasonable person would be satisfied.x.An agreement to purchase all the materials of a particular kind that the purchaser needs from one seller.y.An agreement to sell the entire production of a particular seller to one buyer.
-assignment

Explain the concept of centralization and decentralization in decision-making within organizations.

Understand the significance of formalization in an organization, including rules, policies, and procedures.

Explain the importance of organizational environments and how they impact organizational design and function.

Understand the purpose and process of departmentation within organizations.

---

Definitions:

Pennsylvania Elites

Influential and affluent individuals or families in Pennsylvania, historically significant in shaping the economic, political, and social landscape.

Political Position

A stance or viewpoint adopted by an individual or party on an issue or set of issues in the context of politics.

Hereditary Aristocracy

A social class of nobility or the elite, whose status, privileges, and titles are passed down through family lines, often linked to lineage rather than personal achievement.

Unchallenged Heads

generally describes leaders or individuals in positions of authority who face little to no opposition or competition.