Define consideration
Consideration is the inducement for a promise or performance. It is that which is exchanged to make a promise enforceable. Consideration has two basic elements: 1. legal sufficiency (something of value) and 2. bargained-for exchange.
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Brad supervises several employees who seem to have low self-efficacy. To improve this situation, he should do all the following except
A. serve as a role model and mentor to them. B. provide guided experiences. C. avoid rewarding small successes. D. nurture their self-efficacy. E. give positive feedback and constructive pointers.
Which of the following adjusting entries involves the cash account?
a. Deferred Revenue b. Accrued Asset c. Deferred Liability d. None of the Above
Aleve Company purchased inventory on credit. The effect of this transaction is that the
a. earnings per share decreased b. working capital increased c. debt-to-equity ratio increased d. earnings per share increased
Religion is not an important aspect of culture in countries that are secular where the church and state are split.
Answer the following statement true (T) or false (F)