A signs a contract to buy B's ranch for $900,000 then learns that the true market value is $500,000 . There is not adequate consideration, so the contract will not be enforced
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Comment on the success of various FedĀ chairmenĀ in reducing inflation.
What will be an ideal response?
Haley, a sales manager at Aesthetic Krafts Company, manages the sales of office furniture for corporate companies. Recently, she presented two varieties of glass and mahogany desks to Jackson Realty Company's office managers. She did not want to overwhelm her customers with a wide range of varieties and designs. Identify the method of obtaining commitment used by Haley in this scenario.
A. The benefit summary method B. The benefit-in-reserve close C. The balance sheet method D. The direct request method E. The alternative choice close
Which of the following is the entry to record indirect labor costs incurred?
A) Work in Process Inventory Overhead B) Overhead Work in Process Inventory C) Overhead Payroll Payable D) Payroll PayableOverhead
Trait-like implies that a personality characteristic is relatively ______.
A. stable over time B. malleable over time C. high self-monitoring D. state-like over time