If a professor charges extra fees to take a regularly scheduled class, it would not qualify as consideration because such an act:

A. would violate the preexisting duty rule.
B. is prohibited by promissory estoppel.
C. is a tort.
D. is new consideration that is provided to support a modification.


Answer: A

Business

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Delta Graphics Inc. specializes in publishing educational books. It recruits and trains college students to sell its products door-to-door. Which of the following forms of nonstore retailing is illustrated in this scenario?

A. Direct retailing B. Telemarketing C. Automatic vending D. E-tailing

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When are consumer boycotts most effective?

A. target an entire industry B. focus on a single company over a single issue C. when led by celebrities D. none of these

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Inventory is considered a source of funds because of the revenue it brings in. 

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

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Under the assumptions of waiting line models, it is impossible for management to affect the rate of customer arrivals

Indicate whether the statement is true or false

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