Hal's True Hardware Stores and Ideal Tools, Inc, sign a written con¬tract for a sale of goods. To be enforceable, this written contract must include

a. a correct title, such as "Purchase Order" or "Sales Invoice.".
b. a date, such as "October2014" or "10/2014.".
c. a quantity term, such as "50 hammers" or "100 boxes of assorted nails.".
d. the parties' contact information.


C

Business

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Talia has asked her groupmates to meet at her home, which is a 30-minute drive from campus. The group members protest, and two of the five members don’t even show up to their meeting. What element has Talia likely failed to consider with regard to group meeting environment?

a. aesthetics b. location c. comfort d. time

Business

Subtracting nonoperating expenses from operating income yields:

a. income tax expense b. profit before income taxes c. net income d. gross profit e. none of the above

Business

A(n) ____________________ is made up of two or more people who interact with each other, share expectations and obligations, and develop a common identity.

Fill in the blank(s) with the appropriate word(s).

Business

Bowie is a holder of a promissory note obtained from Credit Lenders, Inc Regarding the defenses against payment of the note to which Credit Lendersis subject, Bowie, as an ordinary holder, is subject to

a. more defenses. b. no defenses. c. some defenses, but not as many. d. the same defenses.

Business