When a party to a contract makes a unilateral mistake, the contract:
a. generally can be rescinded by the mistaken party.
b. is void.
c. can be rescinded by either party.
d. generally cannot be rescinded by the mistaken party unless the contract is unconscionable or it is proven that the nonmistaken party knew of the error.
d
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Calculate the operating income.
The following information relates to Sports Bikes, Inc.
A) $16,000
B) $68,000
C) $240,000
D) $26,000
Which would be the appropriate way to test differences in proportions for more than two samples?
A) t-test if variance is unknown B) z-test C) paired t-test D) F-test for equality of variances E) cross-tabulation procedure to conduct a chi-square test
A promise to do (or not do) something in the future counts as consideration
a. True b. False Indicate whether the statement is true or false
The City of Chicago would best be described as which of the following?
a. A corporation formed pursuant to the Model Business Corporation Act. b. A close corporation. c. A public corporation. d. A domestic corporation.