In which of the following situations is there a third party incidental beneficiary who would be unable to enforce the agreement?
a. Wholesalers, when the buyer of a business promises the seller that he will pay outstanding debts to wholesalers who have supplied inventory for the business.
b. Workers, where a contractor agrees to post a performance bond to assure payment of workers and material suppliers.
c. A debtor, where a new partner enters an accounting firm and agrees to pay a share of debts incurred prior to his admission to the firm.
d. A doctor, when an automobile accident policy states that the insurance company will reimburse the insured for medical expenses incurred as a result of an automobile accident.
d
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Given the foreign currency market for the Swiss franc, the supply of francs slopes upward, because as the dollar price of the franc rises
a. America's demand for Swiss merchandise rises. b. America's demand for Swiss merchandise falls. c. Switzerland's demand for American merchandise rises. d. Switzerland's demand for American merchandise falls.
______ are things a person in a society is allowed to do without any permission required from an authority.
A. Goals B. Privileges C. Rights D. Abilities
The ability to generate positive market expectations is called:
A. Creditworthiness. B. Liquidity and efficiency. C. Liquidity and solvency. D. Profitability. E. Market prospects.
Verbs function as subjects in a sentence
Indicate whether the statement is true or false