A contract that one party retains the exclusive right to cancel at any time is unenforceable.
Answer the following statement true (T) or false (F)
True
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Charles Prince, as CEO of Citigroup, had to address a number of ethical issues. Which of the following is not one of them?
a. Government probes in the UK b. Separation of financial and investment roles c. Misleading customers in the consumer lending unit d. Loss of private banking licenses in the United States
Oakwood Inc requires all capital investments to generate an internal rate of return of 16%. Oakwood is currently considering an investment that is expected to generate annual cash inflows of $15,000 for 7 years. The cost of the investment should not exceed:
A) $16,800. B) $37,149. C) $60,579. D) $105,000.
Which of the following is NOT an advantage the Internet provides for a firm's order placement process?
A) greater variety and better quality of products available B) cost reduction C) increase in revenue flow D) pricing flexibility E) global access
Describe how the formation of the European Union resulted in the use of more centralized distribution systems.
What will be an ideal response?