A _____is a written contract obligation, usually under seal, generally issued by a corporation, a municipality, or a government, that contains a promise to pay a fixed amount of money at a set or determinable future time
A) bond
B) draft
C) check
D) coupon
A
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An example of a committed fixed cost would be:
A. advertising programs. B. public relations costs. C. management development programs. D. taxes on real estate.
What federal administrative body can enforce the Norris-LaGuardia Act and the Wagner Act?
A) OSHA B) FCC C) SEC D) NLRB
Which of the following is true regarding a mistake of judgment?
a. It is a valid defense to enforcement of a contract. b. It is not a valid defense to enforcement of a contract. c. Whether it is a valid defense to enforcement of a contract depends upon the substantiality of the mistake. d. Whether it is a defense to enforcement of a contract depends upon: (1) the substantiality of the mistake, (2) whether the risks were allocated, and (3) timing.
The corporation is a creature of the common law
Indicate whether the statement is true or false