The element of exchange is absent where a promise is given for an act that has already been done

Indicate whether the statement is true or false


True

Business

You might also like to view...

What are the different types of supporting materials included in press kits? Explain why an MPR professional would include each in a press kit

What will be an ideal response?

Business

The variable overhead spending variance is conceptually identical to the price variances of materials and labor

Indicate whether the statement is true or false

Business

Primary research sources include periodicals, computer databases, and encyclopedias

Indicate whether the statement is true or false

Business

Toys R Us and the Foot Locker are examples of:

a. department stores b. discount stores c. hypermarkets d. catalog showrooms e. specialty stores

Business