Brandon orally assigned his right to $100 from a lawn mowing contract to Will as a gift. This assignment is

a. not valid because it was not in writing.
b. valid even though it was oral and there was no consideration from Will.
c. irrevocable once Brandon has told Will about the gift.
d. not valid because Will gave no consideration for the assignment.


b

Business

You might also like to view...

John Jones purchases products to show visible evidence of his ability to afford luxury goods, John is practicing ________

A) brand prominence B) conspicuous consumption C) brand positioning D) homogamy

Business

Jackson and Campbell have capital balances of $100,000 and $300,000, respectively. Jackson devotes full time and Campbell one-half time to the business. Determine the division of $150,000 of net income in ratio of capital balances

a. $75,000 and $75,000 b. $37,500 and $112,500 c. $100,000 and $50,000 d. $50,000 and $100,000

Business

Which of the following is not an inside force that indicates organizational change might be needed?

A. High turnover B. Excessive conflict between managers and employees C. Job dissatisfaction D. High levels of stress among employees E. Increased competition

Business

A key element of Japan's success in world markets is

a. the elimination of waste in all operations. b. automation of the billing function. c. inefficient labor forces in competing countries. d. the verification procedures incorporated into computer programs.

Business