The Code provides an exception to the executory promise rule in:

a. the giving of a negotiable instrument.
b. the making of an irrevocable obligation to a third party.
c. the lack of notice.
d. Both the giving of a negotiable instrument and the making of an irrevocable obligation to a third party are correct.


d

Business

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In the workplace, a formal invitation to bid on a contract is called a

A) business offering. B) request for proposal. C) bid requisition. D) project invitation. E) request for bid.

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In order to perform cost-volume-profit analysis, a company must be able to identify its variable and fixed costs.

Answer the following statement true (T) or false (F)

Business

Investment companiesthat use the money provided by savers to buy various types of financial assets, including stocks and bonds are called _____.?

A. ?commercial banks B. ?investment banks C. ?credit unions D. ?mutual funds E. ?thrift institutions

Business

This table contains the performance criteria and scores (larger numbers are better) for four potential suppliers to Kramerica Industries. Evaluate the data and identify the BEST source for Kramerica

Performance Dimension Company A Company B Company C Company D Quality (W = 0.4) 3 4 2 5 Cost (W = 0.3) 4 3 5 3 Flexibility (W = 0.2) 5 3 4 2 Speed (W = 0.1) 2 5 5 4 A) Company A B) Company B C) Company C D) Company D

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