Hal promises not to foreclose on a mortgage that he holds on an office complex that Christopher owns. In reliance on this promise, Christopher spends $200,000 to remodel the complex. Which of the following is correct with regard to Hal's promise?
a. Hal's promise not to foreclose is unsupported by consideration.
b. Hal's promise is noncontractual.
c. Hal's promise may be enforced against him based upon the doctrine of promissory estoppel.
d. All of these.
d
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A question asks respondents to write in how many times they have visited an ATM in the last week. This is an example of a:
A) synthetic metric scale B) natural metric scale C) natural categorical scale D) closed-ended scale E) synthetic open-ended scale
Robinson Company reported a net loss of $23,000 during the year. Comparing beginning and ending balances, you determine the following: (1) accounts receivable increased by $8,000; and (2) accrued expenses payable increased by $5,000 . What was the amount of cash used in operating activities during the year?
a. $26,000 b. $36,000 c. $20,000 d. $10,000
Nearshoring occurs when a firm relocates jobs abroad to nations closer to its domestic market.
Answer the following statement true (T) or false (F)
The best defense against unreasonable, win/lose negotiators is having what Fisher and Ury call a strong ________.
Fill in the blank(s) with the appropriate word(s).