The element that distinguishes a contract from a gift is
A)?performance of the offeror's or donor's promise

B)?the element of consideration which is present in a contract, but not in a gift.
C)?whether or not the offeree or donee accepts the offer.
D)?whether or not the subject of the gift or contract is illegal.


B

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Jilk Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $50,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $142,000?

A. $36,620 B. $5380 C. $92,000 D. $86,620

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Which of the following is true of the Restatements of the Law?

A) The have the full force and effect of any other federal statute or regulation. B) They are often relied upon by the courts when making decisions. C) They are based on previous case decisions issued by the U.S. Supreme Court. D) They cover only the legal subjects of contracts, torts, and agency.

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Mark Zuckerberg is the person ____ created the social networking site Facebook

A) who B) whom

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What was the first stage Chiquita Brands International implemented in its CSR program?

a. Ensure financial resources are available b. Raising top management awareness c. Gain community consensus d. Changing organizational behavior

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