To create an implied-in-fact contract, it must be established that a plaintiff provided a property or services gratuitously

Indicate whether the statement is true or false


FALSE

Business

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A special ritual marking a person's transition from one role to another is called a ________

A) convention B) sacralization C) cycle D) rite of passage

Business

The Merchant Company issued 10-year bonds on January 1 . The 15% bonds have a face value of $100,000 andpay interest every January 1 and July 1 . The bonds were sold for $117,205 based on the market interest rate of12%. Merchant uses the effective interest method to amortize bond discounts and premiums. On July 1 of the firstyear, Merchant should record interest expense (round to the nearest

dollar) of a. $7,032 b. $7,500 c. $8,790 d. $14,065

Business

Sensitivity to consumers' consumption or use experience, whether they are satisfied or dissatisfied, is extremely important in their ________.

A. prepurchase behavior B. value perceptions C. consideration set assessment D. information search E. evaluative criteria selection

Business

An entity that has a well-defined role in the application domain and has state, behavior, and identity defines:

A) object. B) attribute. C) actor. D) class. E) component.

Business