An oral understanding is not binding if:
A) the services performed were not to the satisfaction of the other party
B) the amount agreed to be paid for services rendered was not a fair and reasonable amount.
C) the parties intended to formalize their understanding with a written agreement.
D) the understanding may be terminated at will by either party.
C
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Which of the following statements is true of a quasi contract?
A. A quasi contract does not involve contract-like duties imposed by the court. B. A quasi contract is a legal fiction created by the court to avoid just enrichment. C. A person is not held liable under quasi contract for benefits he or she received unknowingly. D. A person is held liable under quasi contract for benefits he or she reasonably believed were given as a gift.
Why is the counterproposal an effective ending to a bad-news message? Give an example of a situation in which a counterproposal might be appropriate
The TEAM Act would have made it easier to form nonunion employee representation plans.
Answer the following statement true (T) or false (F)
Horace and Myrtle want to buy a house. Their banker offered them a fully amortizing $95,000 loan at a 12% annual rate for 20 years. What will their monthly payment be if they make equal monthly installments over the next 20 years?
A) $1,046 B) $749 C) $1,722 D) $1,346