1. Please give 2 examples of an Absolute Simulated Price. 2. Please give 2 examples of a Relative Simulated Price. 3. Please give 2 examples of an Absolute Simulated Contract.

a) List the five requirements for contract formation and give a short (approximately 1–2 sentences) description of each requirement.b) Choose one of the requirements from your answer to (a). Write a short (approxi- mately 5–10 sentences) example of a contract that does not satisfy this requirement and explain why.

Demonstrate how the product life cycle, competition,distribution and promotion strategies, customers demands,the internet and extranets and perceptions of quality can affect price.

It is said that we all make a variety of contracts every day. How can this be? How do we make agreements without actually necessarily saying anything to another party or even determining the terms of these agreements

S sold to B a specific car for P300,000 and promised to deliver on December 25. The next day, after the salewas made, he sold the same car to X and delivered it on him on the same day. If no delivery is made by S to B on December 26, which of the following is correct? A. S is not in default because there was no demand. B. S is in default, even if there was no demand.Hence, he will answer for damages.C. B can cancel the contract between S and X because the contract of S and B was perfected ahead of the contract with X.D. S is liable to B for the value of the car

Generally, an offeree’s power of acceptance is terminated when the offeror or offeree dies. Group of answer choices True False

How do fixed-cost contracts impact the accuracy and flexibility of software cost estimations?

1. The parties to a negotiation can discuss many issues besides price. Select five nonprice issues over which a buyer and seller can reach agreement, and explain why each issue might be important to the buyer or seller.  2. Develop a profile of a skilled or effective negotiator. 3. Contrast a win-win negotiator with a win-lose negotiator. 4. What information should a buyer gather about a supplier before entering into a negotiation? 5. What are likely to be the most important sources of power in a buyer-seller negotiation? 6. Why are concessions important during a sourcing negotiation? How do the parties to a negotiation demonstrate their willingness to compromise? 7. What are some examples of price indices that might be used to track commodity prices such as steel or copper, and how should they be included in the schedule to minimize risk to both parties? 8. What are the risks to buyers associated with each of the different types of contracts (fixed- price, incentive, and cost-based…

With regard to lying about one's BATNA in negotiation, which of the following is advisable? Group of answer choices Lying about one's BATNA is sometimes permissible, but lying about one's reservation price is never permissible. Lies about BATNAs are not permissible, but lying about the other party's BATNA is strategically advisable. Lies about BATNAs are equivalent to lying about material facts, and therefore, the lying party is at legal risk. Lying about one's BATNA is only advisable if the negotiator is prepared to have the other party walk away from the table.

Give a scenario of necessary elements required to form a legally binding contract; or in what circumstances is a contract legally formed or not? EXAMPLE: you select an apple in the grocery store: are you offering to purchase the apple or accepting the advertised offer to purchase the apple?