Which of the following is correct with regard to consideration?

a. In a unilateral contract, a promise is exchanged for an act or forbearance to act.
b. In a bilateral contract, there is an exchange of promises.
c. Legal sufficiency is always related to adequacy of consideration.
d. Two of these are correct.


d

Business

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Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cosi expects to incur $870,000 of overhead during the next period, and expects to use 57,000 labor hours at a cost of $10.00 per hour. What is Cosi Company's predetermined overhead rate?

A. 152.63%. B. 1526%. C. 70.02%. D. 6.55%. E. 65.5%.

Business

Many organizations are nowadays installing boardrooms that also function as conference rooms

Indicate whether the statement is true or false.

Business

Suppose that the last four months of sales were 8, 10, 15, and 9 units, respectively. Suppose further that the last four forecasts were 5, 6, 11, and 12 units, respectively. What is the Mean Absolute Deviation (MAD) of these forecasts?

A) 2 B) -10 C) 3.5 D) 9 E) 10.5

Business

In digital identity systems, a __________ functions as a certification program

What will be an ideal response?

Business