Which of the following is enforceable without consideration?
a. A new promise to pay a debt barred by the statute of limitations.
b. An illusory promise.
c. A promise to supply all of the materials a manufacturer will need for the production of a certain item for a specified period of time.
d. In the majority of states, a promise by a father to pay someone for rendering emergency services to his injured son before the father had arrived at the accident scene.
a
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Analysts look for red flags in financial statements that may signal financial trouble. Which of the following is a red flag that suggests that a company may be in trouble?
A) a significant decrease in net income for several years in a row B) a consistent movement in sales, merchandise inventory, and accounts receivable C) a reduction in the debt ratio D) operating activities are a major source of cash flows
Getting a position in China is not easy
Indicate whether the statement is true or false.
Walmart is known as a leader in supply chain collaboration efforts that are typically referred to as ____________.
What will be an ideal response?
What are some ethical issues that are prevalent in organizations that have a global operations presence?
What will be an ideal response?