Isaac and Holiday Fruit Company enter into an oral contract under which Isaac agrees to provide delivery service for holiday Fruit for nine months. This contract is enforceable by

A. Isaac.
B. Holiday Fruit.
C. any interested third party, such as a Holiday Fruit customer.
D. none of the choices.


Answer: D

Business

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Fill in the blank(s) with the appropriate word(s).

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A buyer who sells rejected goods on behalf of the seller is entitled to reasonable expenses not to exceed five percent of the gross proceeds

Indicate whether the statement is true or false

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An MNE has a contract for a relatively predictable long-term inflow of Japanese yen that the firm chooses to hedge by paying for imports from Canada in Japanese yen. This hedging strategy is known as:

A) a natural hedge. B) currency-switching. C) matching. D) diversification.

Business

Which of the following is an example of social capital?

A) investment in equipment B) developing products C) acquiring organizations D) relationship building

Business