In January, Erwin told David, his nephew, that he would give him a car when he graduates from college. David graduated in May. If Erwin refuses to give David a car, David can sue him for breach of an inter vivos gift.

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


False

Business

You might also like to view...

The most common approach to direct mail campaigns is to purchase a list of names

Indicate whether the statement is true or false

Business

An election to determine whether a union will be certified as the bargaining agent of a given group of employees is known as a ________.

What will be an ideal response?

Business

Acme, Inc., produces widgets. To manufacture a new type of widget, it took 30 hours for the first widget. Acme estimates it has a 95% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the eighth widget.

a. 25.71 hours b. 22.68 hours c. 19.62 hours d. 18.76 hours

Business

Debt deflation refers to

A) an increase in net worth, leading to a relative fall in general debt levels. B) a decline in general debt levels due to deleveraging. C) a decline in bond prices as default rates rise. D) a decline in net worth as price levels fall while debt burden remains unchanged.

Business