Which of the following is true regarding noncompliance with the statute of frauds?

a. The basic legal effect under the statute of frauds and the UCC differs.
b. The statute of frauds applies to executed and executory contracts.
c. A party to a contract which was unenforceable because of the statute of frauds but who relied upon the contract may recover in restitution the benefits he conferred on the other party.
d. The doctrine of promissory estoppel cannot displace the requirement of a writing under a statute of frauds.


c

Business

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Answer the following statement true (T) or false (F)

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Jason has decided to sell his stock in an energy company because gas and oil prices as well the price of his stock have declined in 5 of the last 6 months. Jason has most likely fallen into the trap known as

A) loss aversion. B) representativeness. C) narrow framing. D) biased self-attribution.

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Which type of planning is responsible for establishing the vision and business goals of an organization?

A) strategic B) tactical C) operational D) linkage analysis

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Answer the following statement(s) true (T) or false (F)

Most innovations result from a conscious and purposeful search for new opportunities.

Business