According to the leading object doctrine, promises of third parties to a contract who are primarily motivated by a desire to secure some personal benefit:
A. are estopped from recovery.
B. fall outside the scope of the guaranty contract within the statute of frauds.
C. have to be in writing to be enforceable within the guaranty contract.
D. are covered by the statute of frauds.
Answer: B
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In the fast changing, competitive environment, new global realities are emerging, which include all of the following needs except:
A) to be cost effective. B) to be customer driven. C) to deliver best quality. D) to deliver quickly. E) to deliver success.
What type of relationship exists between audit risk and detection risk?
a. Direct. b. Inverse. c. Indirect. d. No relationship.
The systems steering committee is responsible for all of the following except
a. assigning priorities b. determining whether and when to terminate systems projects c. analyzing the technical feasibility of the project d. budgeting funds for systems development
Unethical behavior erodes trust, but has no effect on cooperation in organizations.
Answer the following statement true (T) or false (F)