Which of the following statements is true with regard to termination of liability?

a. Discharge of liability is a final step between parties and either party cannot revive liability subsequently.

b. Cancellation or renunciation is ineffective without consideration

c. Payment and tender of payment are the only two legally acceptable modes of discharging liability.

d. Discharge applies to the individual and not to the instrument.


d

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The stable psychological traits and behavioral attributes that give a person her identity are known as her   

A. character. B. values. C. attitudes. D. attributions. E. personality.

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Globalization stirs fierce debate, especially when it comes to

A. equal pay for women. B. jobs. C. proprietary technology. D. information exchange.

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Which of the following is an important reason why the United States adopted computing much earlier than countries such as China and Japan?

A) Unlike education in China or Japan, education in the United States has been historically based on logic and reasoning. B) Mathematics, as a subject, was initially developed in the United States, while China and Japan adopted mathematics much later. C) The Chinese and other cultures were reluctant to abandon traditional computing methods, such as the abacus, in favor of modern computing. D) The English alphabet is easier to accommodate on the ASCII keyboard than the Chinese or Japanese alphabets.

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A set of leader characteristics that reflect a high level of effort and a high need for achievement is identified as

A. drive. B. charisma. C. power. D. integrity. E. vision.

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