The Statute of Frauds' requirement of writing applies if the main purpose of the promise is to gain some advantage for the promisor.?
Indicate whether the statement is true or false
False
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Which of the following is true of a franchise agreement?
A) A franchise application is not necessary to qualify for entering into a franchise agreement. B) The Uniform Franchise Offering Circular (UFOC) sets forth the terms and conditions of the franchise agreement. C) The terms and conditions of the franchise agreement must always be first drawn by the franchisee. D) A franchisee can only obtain a license to use the franchisor's intellectual property after entering into a franchise agreement.
Which of the following completes the statement,’______ is based on the shared beliefs, relationships, and actions of those in the community such that norms, behaviors, and values held and shared by individuals ultimately support a community reputation.’?
a. Social capital. b. Social currency. c. Reputational capital. d. Reputational currency. e. None of these.
With regard to dividend payments, which of the following is included in the contractual constraints imposed by loan agreements?
A) limiting the payment to suppliers B) limiting the percentage of earnings that can be paid out in dividends C) sustaining a constant dividend payout ratio D) making fixed payment to equityholders
Fixed Principal Commercial Loans can only use a fixed amount of interest
Indicate whether the statement is true or false