E-mail contracts do not meet the requirements of the Statute of Frauds
Indicate whether the statement is true or false
FALSE
You might also like to view...
Dean Campenella is a detective with the California state police. During the investigation of a missing child, Campenella found new clues that led to the capture of a serial killer involved in another case
Since Campenella was not involved in the serial killer case, and found the clues while investigating another case, Campenella demanded a special reward from the state police department for his help in catching the killer. But his demand was declined citing lack of consideration. Campenella's demand lacks consideration under which of the following? A) preexisting duty B) illegal consideration C) gift promise D) illusory promise
GAAP requires publicly traded companies to prepare a post-closing trial balance and publish it in their annual report
Indicate whether the statement is true or false
Which of the following is true of the Employee Retirement Income Security Act (ERISA)?
a. it requires employers to provide pensions for most of their employees b. it is superseded by state laws that relate to employee benefit plans c. it does not apply to benefit plans administered by public employers d. it requires that once a plan is in place, it can not be changed or modified without the employees consent e. all of the above
A major controversy involving the U.S. banking industry in its early years was
A) whether banks should both accept deposits and make loans or whether these functions should be separated into different institutions. B) whether the federal government or the states should charter banks. C) what percent of deposits banks should hold as fractional reserves. D) whether banks should be allowed to issue their own bank notes.