Under some circumstances, courts do not require consideration for a promise to be enforced. The doctrine used by the courts to bind a promisor is called detrimental reliance or:
a. restitution
b. promissory estoppel c. revocation
d. all of the other choices
e. none of the other choices
b
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Answer the following statements true (T) or false (F)
1. Tanesha works for a line of sporting goods stores. In her role, she makes strategic long-term decisions about her company's overall direction, and she creates the overall corporate goals, policies, and strategies. In light of these tasks, Tanesha must be a middle manager. 2. The vice president of human resources is a first-line manager. 3. Robert is a district manager who oversees several store managers in a national chain of restaurants. Robert reports directly to the vice president of stores and marketing, a member of top management. Robert is a middle manager. 4. Mintzberg concluded that managers play three broad types of roles: interpersonal, analytical, and critical. 5. Opportunity entrepreneurs are those who start their own business because they lost a job.
Which of the following is an advantage of probability sample?
A) It produces results of statistically measurable accuracy. B) It is easy to select elements from a population on a probability bias. C) It is easier to implement than a quota sampling method. D) It does not require a sample selection on random basis.
Copper Company had the following transactions:
Journalize the above transactions that should be recorded in the general journal. If a transaction should not be recorded in the general journal, identify the special journal that should be used. Assume the company uses the perpetual inventory system.
In which of the following would the buyer reorder a product without any modifications?
A) reverse auction B) solution selling C) new task D) straight rebuy E) modified rebuy