A party that enters into an illegal contract can recover the considerations given if the party:
A. reports the illegal act to law enforcement after committing it.
B. rescinds the contract immediately after the illegal act has been performed.
C. rescinds the contract before any illegal act has been performed.
D. demonstrates an unequal bargain due to the illegal contract.
Answer: C
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Both governments and corporations issue ____________________, which are, essentially, IOUs to the holder of the agreement.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements is most likely true about account planning?
A. It rarely involves conducting consumer research. B. It restructures an advertiser to improve its image. C. It is a service provided by B2B creative boutiques. D. It bridges the gap between management and creatives. E. It is a method used to benchmark competitors' promotions.
An efficient supply chain typically has:
A) a high capacity cushion. B) high inventory turns. C) supply chain partners that emphasize fast delivery time. D) supply chain partners that emphasize volume flexibility.
Historical Analogy uses historical records that are readily available within the firm to predict
future sales. Indicate whether the statement is true or false