Which of the following is true of a gift promise?
A) A gift promise can be enforced in a court of law.
B) A completed gift promise cannot be cancelled for lack of consideration.
C) A gift promise contains considerations.
D) The promisee can take legal action if the promisor does not uphold the promise.
B
You might also like to view...
Transportation charges paid to ship purchases are debited to Freight-In
Indicate whether the statement is true or false
The central importance of game theory is best described by which of the following?
A) Game theory imposes disciplined thinking on managers. B) Game theory is the best way of analyzing historical sales data. C) Game theory is an inexpensive way of anticipating a competitor's future strategies. D) Game theory is easy to learn.
The differences in industry market-to-book ratios may be the result of differences in growth, ROCE relative to RE, as well as differences in _______________________________________________________
Fill in the blank(s) with correct word
Which of the following is true with regard to services?
A) Services refer to purely tangible products. B) Services are a form of product that consists of activities, benefits, or satisfactions offered for sale. C) Services can be stored for later use. D) Services can be easily separated from their providers. E) Services are tangible product offerings whose quality can be easily measured.