Legal sufficiency of consideration and adequacy of consideration are virtually synonymous terms

a. True
b. False
Indicate whether the statement is true or false


False

Business

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In the case of an ordinary lease, if the lessor is a merchant, the risk of loss remains with the lessor even after the lessee receives the goods

Indicate whether the statement is true or false

Business

Many corporations are shifting from defined benefit to defined contribution retirement programs. When considering changes to retirement programs, the primary stakeholders are the

A. customers. B. shareholders. C. marketing managers. D. employees. E. competition.

Business

Assume that the S&P 500 composite stock index closes at 2,000. This means that

A) the average stock in the index is selling for $20.00. B) an investor would have to pay $2,000 to purchase one share of each of the stocks represented in the index. C) The average value of a company reflected in the Index has doubled from when the Index was at 1000. D) the share prices of the stocks in the index have risen 20 times since the 1941-1943 base period.

Business

Casual listening is sometimes called passive listening

Indicate whether the statement is true or false

Business