Ron Plans to Open His Own Café

question 16

Essay

Ron plans to open his own café.He wants to offer a variety of coffees,sandwiches,and salads.He also plans to hire employees who will prepare food and serve customers.What type of product would Ron's customers be offered?

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Definitions:

Unforeseen Circumstances

Events or situations that could not have been predicted or expected and may affect the ability to fulfill obligations.

Liquidated Debt

A debt with a known, fixed amount that is not disputed by either party.

Unliquidated Debt

A debt for which the exact monetary value has not been determined.

Preexisting Duty

An obligation that a party is already legally bound to fulfill, which cannot serve as consideration for a new contract.