Wayne helped Hank study all night for an important exam. After Hank got an "A" on the exam, he told Wayne, "I will give you $10 for helping me get a good grade." Wayne said, "Thanks, I'll take it." There is:
A) no contract because there is no mutual assent.
B) no contract because there is no valid consideration.
C) no contract because $10 is reasonably inadequate consideration.
D) a contract with sufficient consideration.
B
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Use the information in Figure 5.4. If each task has a work time of one minute and there are 480 work minutes in a day, what is the task assignment at the fourth workstation if maximum output is desired?
A) A B) B C) C D) D
The ability to provide financial rewards sufficient to attract and retain financing is called:
A. Market prospects. B. Profitability. C. Liquidity and efficiency. D. Solvency. E. Creditworthiness.
An ordinary contract between the debtor and his creditors whereby the creditors receive pro rata a part of their claims and the debtor is discharged from the balance of the claims is:
A) a nonstatutory composition. B) a statutory assignment. C) an equity receivership. D) an automatic stay.
Plot the net shape of BFS' profit/loss profile after Leeson's 1993 swap with Philippe Bonnefoy. To answer this question, you must explain whether the premium he paid was greater than, less than, or equal to the premium he received
What will be an ideal response?