An implied contract is not an actual contract
a. True
b. False
Indicate whether the statement is true or false
False
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New companies and those with volatile earnings and uncertain cash flows generally prefer defined-contribution plans to defined-benefit plans.
Answer the following statement true (T) or false (F)
In what way does the interaction concept constitute a new business philosophy?
What will be an ideal response?
Airlines make use of ____________ systems, based on telephone or Web site reservations. This provides enormous cost savings for airlines because it reduces ____________
a. Ticketless; gross revenue charges b. Partial; gross revenue charges c. Ticketless; travel agent commissions d. Partial; travel agent commissions e. Ticketless; net revenue charges
A debt is disputed only if both the existence and amount are contested
a. True b. False Indicate whether the statement is true or false