Essentially, adequacy of consideration concerns the fairness of a bargain

Indicate whether the statement is true or false


True

Business

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Multilearning refers to:

A) transmitting the learning across different levels and functions. B) allowing project teams to operate like startup companies. C) allowing various phases of development to overlap. D) top management providing only a general strategic direction for the team without controlling it strictly.

Business

Bean House Coffees and Java Distributors, Inc, have a long-standing business relationship that they would like to continue. For this reason, they may prefer to set¬tle any dispute between them through mediation because

a. the case will be heard by a mini-jury. b. the dispute will eventually go to trial. c. the process is not adversarial. d. the resolution of the dispute will be decided an expert.

Business

The City of Jackson Hole adopted the following General Fund budget for the  fiscal year:Estimated revenues:    Taxes$3,000,000 Intergovernmental revenues 1,000,000 Licenses and permits 400,000 Fines and forfeits 150,000 Miscellaneous revenues 100,000 Total estimated revenues$4,650,000 Appropriations:    General government$1,000,000 Public safety 2,000,000 Public works 950,000 Health and welfare 850,000 Miscellaneous revenues 50,000 Total appropriations$4,850,000 Prepare a summary general journal entry to record the adopted budget at the beginning of the fiscal year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

What will be an ideal response?

Business

A pension fund purchased 15 round lots of Aldridge Inc. stock at the closing price of the day yesterday. What was the cost of that purchase?

A. $52,050 B. $5,205 C. $71,200 D. $4,410 E. $86,800

Business