Objective theory of contracts states that the intent to contract is judged by the reasonable person standard and not by the subjective intent of the parties

Indicate whether the statement is true or false


TRUE

Business

You might also like to view...

Followers with external locus of control believe ______.

A. that fate is in charge of life’s events B. that they are in charge of life’s events C. that interactions with others control life’s events D. that personal relationships control life’s events

Business

Which of the following is true of team learning?

A. originates in collective intuitions B. emerges at the team level as individual actions C. reflects team process effectiveness D. has no effect for team performance

Business

One of the purposes of the Federal Financial Management Improvement Act of 1996 was to:

A. Establish generally accepted federal accounting principles. B. Establish a requirement that the financial statements of the federal government as a whole be audited. C. Improve the effectiveness of programs receiving federal funds. D. Rebuild the credibility and restore public confidence in the federal government.

Business

Which of the following is true for a long position in an option

A. Both gamma and vega are negative B. Gamma is negative and vega is positive C. Gamma is positive and vega is negative D. Both gamma and vega are positive

Business