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Anoop J.
Law & Economics Tutor for 2 Years
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Pre-law
TutorMe
Question:

What is a contract?

Anoop J.
Answer:

As per legal definition, Contract is an agreement enforceable by law. On further refinement, a Contract means a promise or set of promises made by a person which is accepted by the other person along with agreement on paying a consideration for the fulfillment of. the said promise.

Economics
TutorMe
Question:

What is demand?

Anoop J.
Answer:

Demand is the desire to buy a product along with a willingness and ability to purchase that product at a given point in time. The amount of product a person wishes to purchase is called the quantity demanded of that product.

Business
TutorMe
Question:

What is the Management?

Anoop J.
Answer:

Management has two general definitions. A traditional way of defining management is the art of getting things done from others. A modern and apter definition of management is the process to get things done effectively on time with the optimum use of available resources.

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