Essay on Lwc1 Study Guide - 4295 Words

1. An individual makes an offer to buy an item from a company for $5,000. When is a contract for the purchase of the item created? Choose 1 answer A. When the offer is accepted by the company B. When the offer is presented to the company C. When the individual presents the $5,000 to the company D. When the company makes a counteroffer 2.What are the elements that make a contract enforceable? Choose 1 answers A. Terms, configuration, timeliness, legality B. Offer, entitlement, majority, legality C. Offer, acceptance, consideration, morality D. Agreement, consideration, capacity, legality 3.At what point is a contract implied? Choose 1 answer A. When contract terms are explicitly†¦show more content†¦EPA requires the company to shut down unless it takes immediate action within EPA regulations. Which action can the power company take to continue operating? Choose 1 answer A. Buy more emissions allowances B. Request an emissions variance C. Shorten operating hours D. Use lower-sulfur coal 13. What is a violation of the Clean Water Act of 1972? Choose 1 answer A. A city drains water from a wetlands area to develop the land. B. A municipality restricts use of wetlands within city limits. C. A business seeks approval from the Environmental Protection Agency to dredge a river. D. A business is contracted to build a bridge over a river. 14. What is an example of alternative dispute resolution? Choose 1 answer A. A ruling by the U.S. Supreme Court on a matter B. A meeting in which a mediator works with both parties C. An appeals court ruling on a dispute D. A lawsuit that is settled prior to going to trial 15. What is an advantage to using alternative dispute resolution rather than litigation? Choose 1 answer A. It does not require personal involvement of the parties. B. It involves formal court hearings and rulings. C. It involves negotiation directly between the parties. D. It does not requireShow MoreRelatedLWC1 Study Guide1467 Words   |  6 Pagesï » ¿LWC1 STUDY PLAN Before beginning this study plan, it is critical that you have access to both textbooks and the SKillSoft Library. All WGU assessments are created using these textbooks, so they will be your primary resources as you move through this work. When you work through this student plan, type in your answers to the questions below and create a study guide using the key terms from each section. You may also consider using the key terms to create flash cards that can be used as you prepare