In Hinson v. N&W Construction, where Hinson submitted the low bid to N&W for plumbing work to be part of a larger construction project by N&W, but then refused to do the work when construction was started by N&W, the court held that Hinson:
a. could not be relied upon by N&W because he was not licensed for such work
b. was not liable because there was no consideration paid by N&W to create a contract c. was liable to N&W for the value of the contract based on a breach of contract
d. was not liable because there was not a contract due to lack of proper acceptance by N&W
e. none of the other choices
e
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Suppose a country has a population of 61 million, of which 37 million are in the working-age population. Of those, 11 million are not in the labor force and 23 million are employed. The labor-force participation rate is
A. 42.6 percent. B. 60.7 percent. C. 70.3 percent. D. 88.5 percent.
Answer the following statements true (T) or false (F)
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Indicate whether the statement is true or false