Raven, the owner of Strawberry Fields, contracts to sell its harvest to Tender Fruits, Inc When Raven refuses to per¬form, Tender Fruits files a suit to enforce the contract. Raven and Tender Fruits are in a state that does not recognize the doctrine of unconscionability.To defend suc¬cess¬fully against enforce¬ment of the contract on similar grounds, Raven might rely on traditional notions of
a. fraud.
b. materiality.
c. mistake.
d. value.
A
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Hundreds of years ago, a handshake was used in many cultures to determine whether a person was holding a weapon.
Answer the following statement true (T) or false (F)
Which of the following statements concerning income tax rate structures is false?
A. Under either a regressive, proportionate, or progressive rate structure, high-income taxpayers pay more dollars of tax than low-income individuals. B. Under a progressive rate structure, the marginal rate and the average rate are equal. C. Under a regressive rate structure, the average rate for low-income individuals is more than the average rate for high-income individuals. D. In theory, a progressive rate structure results in equal economic sacrifice across taxpayers.
A nonprofit organization provides training sessions to encourage its volunteers to embrace the organization’s vision, mission, and values. The nonprofit is applying ______ theory.
A. market B. institutional C. open systems D. closed systems
In direct response to the corporate scandals of Enron and WorldCom, the U.S. Congress passed the _______________.
a. Sarbanes-Oxley Act b. Foreign Corrupt Practices Act c. Robinson Patman Act d. Sherman Antitrust Act