To be enforceable, a writing evidencing an oral contract must have been signed by the party who seeks to enforce it
Indicate whether the statement is true or false
False
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At the beginning of the year, Peters Corporation's assets were $150,000 and its stockholders' equity was $100,000 . During the year, assets decreased $30,000 and liabilities increased $15,000 . What was the stockholders' equity at the end of the year?
Conflicts can be solved when both parties
a. believe the problem has a solution. b. agree to cooperate. c. recognize that a difference of opinion is not a personal attack. d. all of these choices.
When the CEO of IDEO, Tim Brown, says “How Might We?” what is the significance of might?
a. Might assumes an attitude of power. b. Might invites people to suggest ideas without wondering if they will work. c. Might assumes that all answers are workable. d. Might assumes some editing of ideas
Darla offers to pay Edward $6,000 for Edward's car, provided that Darla receives that much from her uncle's estate, which is currently being probated. She expects to know for sure how much she will receive within a week or so. If Edward agrees:
a. there is an illusory contract, because Darla is not certain she will receive the money. b. there is no consideration present in this example. c. the consideration from Darla to Edward is the promise of $6,000 subject to a condition. d. Two of these but not all three.