The test the courts use to determine if the parties had actually made a binding contract even though the agreement was badly written and some non-essential terms were missing is
A) the reasonable person test
B) the objective reasonable bystander test
C) a subjective test
D) the Red Pencil test
E) a consideration test
B
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Decentralization is a transfer of authority from the top to the lower level of an organization
Indicate whether the statement is true or false
The form of income statement that derives its name from the fact that the total of all expenses is deducted from the total of all revenues is called a
A) multiple-step statement B) revenue statement C) report-form statement D) single-step statement
Mary owns a farm. She has the right to use it for any legal purpose but must grow a certain quantity of wheat on it every year. If she fails to grow this quantity of wheat, her right to that land terminates
Which of the following interests in real property does Mary have? A) easement B) conditional estate C) life estate D) fee simple absolute
Answer the following statement(s) true (T) or false (F)
1. Present-day, the argument stands that individual move sequentially through career stages from start to finish. 2. Even when individuals choose to change jobs or careers, they do so most frequently within the same career typology category. 3. Within a company, the concept of a boundaryless career implies that upward mobility is the only option for growth and development. 4. The 5-year resume activity encourages individuals to proactively manage their own career changes. 5. Organizations implementing a phased retirement is a benefit to both the employee and the organization.