If Johnny made an oral contract with Peter to sell Peter his truck for $15,000, Johnny's eventual refusal to sell the truck is considered breach of contract

Indicate whether the statement is true or false


FALSE

Business

You might also like to view...

Which of the following accounts is NOT a major account in the acquisition and payment cycle?

a. Inventory. b. Cost of goods sold. c. Accounts payable. d. All of the above are major accounts.

Business

What approach is often most effective when the audience is not expecting a proposal?

A) Sales proposal B) Persuasive approach C) RFP D) Direct approach E) Indirect approach

Business

Wolf Equipment uses a perpetual inventory method. Discuss how Wolf Equipment accounts for purchase returns and allowances

Business

Sam, the project engineer, has been scheduled to run the product system test at the same time he is to build a marketing prototype. This is an example of what type of resource constraint?

A. Time B. People C. Technical D. Equipment E. Physical

Business