To raise revenues, the City of St. Cloud required restaurants to purchase a special permit if they wanted to serve food in an open-air patio. (This is in addition to he sanitation inspection license.) While at Hola Taco, a restaurant in St. Cloud, a customer notices that Hola Taco's permit expired. This mean the customer is not legally required to pay for her food
a. True
b. False
Indicate whether the statement is true or false
False
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Adam offered to buy automobile batteries from Ben. Adam's purchase order was complete with respect to all material terms except price, which was omitted. If Ben accepts Adam's offer, and the price of automobile batteries is well established in the industry, which of the following statements is true?
A. A contract can be formed between Adam and Ben even though the price term was omitted. B. A contract can be formed between Adam and Ben only if it can be proved that the parties intended to enter a contract to discuss the price. C. A contract cannot be formed between Adam and Ben if the price is not included. D. A contract can be formed between Adam and Ben, but the price will be treated as a proposed addition to the contract which must be accepted by both parties.
All federal court judges or justices are appointed by the President and subject to approval
by which government body? a. The Senate b. The U.S. House of Representatives c. Both the Senate and the U.S. House of Representatives d. The U.S. Supreme Court
Which of the following types of income are not considered ordinary income?
A. Compensation income. B. Both net long-term capital gains (in excess of short-term capital losses) and qualified dividend income. C. Net long-term capital gains (in excess of short-term capital losses). D. Qualified dividend income. E. Both compensation income and qualified dividend income.
A party seeking to recover compensatory damages can also recover incidental damages
Indicate whether the statement is true or false