Ileana orally agrees to pay Jaime to plant and harvest a quarter of Ileana's farm acreage for four corn-planting seasons. After Jaime prepares the land and plants the first crop, Ileana says that their deal is off. Jaime can most likely recover
a. in quasi contract.
b. in reformation.
c. in restitution.
d. on the parties' existing contract.
A
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LifeTime Insurance screens its customers and tries to get unprofitable customers to buy services from competitors. This is an example of ________
A) trying to increase the retention rate for low-profit customers B) terminating the relationship with low-profit customers C) enhancing the growth potential of each customer through up-selling D) increasing the longevity of the customer relationship E) reducing the rate of customer defection
Answer the following statements true (T) or false (F)
1. There are three parties to a check: the depositor, the maker, and the bank. 2. In addition to the account number, a check shows the 9-digit routing number. 3. The bank statement reports the activity in the customer's account and is issued on an annual basis. 4. The bank statement shows the beginning and ending balances of cash in a bank account, cash receipts and payments, and the names of all individuals who are authorized to sign checks. 5. Banks must return physical copies of the maker's canceled checks.
Some ________ bonds are called junk bonds, which have a high level of risk
A) Treasury B) Municipal C) Federal Agency D) Corporate
In a questionnaire, respondents are asked to record their age in years. Age is an example of a _____
a. categorical variable b. quantitative variable c. categorical or quantitative variable, depending on how the respondents answered the question d. ratio variable