Which of the following best describes the term "consideration"??
A) It refers to the record of a case sent for review to a higher court
B) It indicates what the promisor demands and receives as the price for a promise.
C) It signifies a promissory note given by the promisor as a token of the transaction.
D) It refers to the promisor refraining from meeting a promise.
B
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The transfer to expense of the cost of intangible assets attributed to the passage of time or decline in usefulness iscalled amortization
a. True b. False Indicate whether the statement is true or false
What is arbitrage? Assume that the dollar is quoted $1 = £0.625 in New York and the pound sterling is quoted as
£1 = $1.63 in London. Is there an arbitrage opportunity? If so, what would an astute trader do? What will happen to the quotes as trades are made at current prices?
A buyer has an insurable interest in identified goods only if he or she has title to the goods.?
Indicate whether the statement is true or false
If a host is to be able to communicate via IPv4 and IPv6, it is said to ________
A) be bilingual B) have a dual-stack C) be IPv6-ready D) be IP-agile