Kindly solve the following problems?

Please answer only if you are sure about the answer.

Computers, Inc. (Computers) and Management Enterprises Company (Management) agreed that Computers would sell Management its computing business, including the land on which the business was situated, for $600,000. Both Computers and Management knew at the time the contract was formed that the business and land were actually worth $1,000,000. Is this a valid enforceable sales contract?

A. No, because Computers would not have agreed to sell the business for 40% less than its value unless it was under duress by Management to sell.

B. No, because $600,000 is not valid consideration for a business worth $1,000,000.

C. Yes, provided the contract was in accordance with state statutory law that permits real estate sales for 40% or more below market value.

• D. Yes, provided the contract was in writing, in accordance with the Statute of Frauds, and the parties freely consented.
  

Bachelor of Business and Entrepreneurship/ Bachelor of Commerce (Human Resources Management & Industrial Relations) Business Law BLAW22146. If a firm has good resources that are effectively used, it has a: a. competitive edge b. strategic plan c. technological environment d. management by objectives program 47. As explained by Professor Banescu, businesses operating in the United States are subject to: a. State laws and state taxes b. Federal laws and federal taxes c. State laws and state taxes and federal laws and federal taxes d. State laws and federal taxes e. Federal laws and states taxes f. State laws and state taxes and federal laws1. What types of ethical concerns do decision-makers at the management and lower organizational levels need to take into account? 2. How would you respond to someone who says that a business should always do whatever is in its economic interests? 3. What is wrong with the thought that abiding by the law is all the ethics that a business person needs to worry about? 4. How does specialized knowledge come into play in the management of ethics