A gratuitous promise is a promise made without consideration
a. True
b. False
Indicate whether the statement is true or false
True
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Which method of costing focuses on the cost of activities and then allocates these costs to products using a variety of activity bases?
a. activity-based costing method b. allowance method c. single plantwide overhead rate method d. multiple plantwide overhead rate method
To succeed on a claim of trade-dress infringement, a plaintiff must prove that the ________
A) trade dress is primarily nonfunctional B) trade dress has not acquired a secondary meaning C) alleged infringement does not create confusion D) value of the trade dress has been diminished
Royal Properties, Inc., mails a flyer to hundreds of firms, advertising a building for sale. Standard Manufacturing Company responds by saying, "We accept your offer." Between Royal and Standard, there is
A. a contract for the sale of the building. B. a contract to consider the offer before any others. C. a contract to negotiate a sale of the building. D. no contract.
What are Life Principles and what should one consider when developing his or her own Life Principles?