Which of the following promises does not have to be evidenced by writing in order to be enforceable?
a. Jones' agreement with Smith to sell his condominium for $100,000.
b. Stewart's promise to work for Austin for a two-year period.
c. Dad's promise to the credit union that he will make payments on his son's truck.
d. Mindy's agreement with Susan to buy her bike for $400.
d
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Which of the following is the largest part of the advertising/promotion budget?
A) trade promotions B) consumer-oriented price promotions C) retailer promotions D) consumer-oriented product promotions
The top-down perspective of empowerment
A. delegates responsibility. B. encourages cooperative behaviour. C. trusts people to perform. D. encourages intelligent risk-taking.
Which of the following is true about the American Federation of Labor?
A) It was formed in the early part of the twentieth century. B) When formed, only skilled craft workers were allowed to join. C) It is not allowed to engage in political lobbying. D) All members of other unions are automatically members of it.
Which of the following is true of available-for-sale (AFS) investments?
A) They are always reported as current assets in the balance sheet. B) They are always reported as long-term assets in the balance sheet. C) They are reported as current assets on the balance sheet only if the business expects to sell them within the first two years. D) They are reported as long-term assets on the balance sheet only if they are planned to be held for longer than a year.