A contract involving mutual mistake of value is ________.
A. rescindable
B. ambiguous
C. enforceable
D. void
Answer: C
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A personality trait defined as “any purposive activity that entails novelty or danger sufficient to create anxiety in most people” is called ______.
A. conscientiousness B. risk taking C. neuroticism D. agreeableness
An organization’s ____ is the total expense involved in ensuring that a product or service meets established quality standards.
a. Hurdle rate b. Cost of quality c. Opportunity cost d. Standard cost system
Unborn animals are not identified until they are born
Indicate whether the statement is true or false
Albert offers his nephew, Tom, his 2001 car which would only need about $1,000 in repairs to put it in running order. Tom has no right to reject the car
a. True b. False Indicate whether the statement is true or false