The requirement of ________ requires a promisee to pay the "price" the promisor asked for in order to gain the right to enforce the promisor's promise.

A. promissory estoppel
B. forbearance
C. consideration
D. equity


Answer: C

Business

You might also like to view...

The grant will be given to ____ deserves it

A) whoever B) whomever

Business

When assessing the fixed-payment coverage ratio, ________

A) the lower its value the more risky is the firm B) the lower its value, the higher is the firm's financial leverage C) preferred stock dividend payments can be disregarded D) the higher its value, lesser is its reliability to pay up the debts

Business

Marketing managers should plan time for strategy changes and not put undue pressure on the people in their organization to perform heroic efforts.

Answer the following statement true (T) or false (F)

Business

"Comparable worth" requires men and women to be paid on the same scale even when they do different jobs as long as those jobs require equal skill, effort, and responsibility

Indicate whether the statement is true or false

Business