Which of the following is true regarding contract validity?
A) A unilateral contract is unenforceable.
B) A voidable contract is one that has no legal effect because one of the essential elements is
missing.
C) A voidable contract is one in which a party may avoid his/her obligation under that
contract.
D) An executory contract is also unenforceable.
E) A void contract is one where a party has the option to avoid his/her contractual liability.
C
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________ are the particular advantages that readers will realize from the features of a product
A) Benefits B) Optimizations C) Utilization points D) Selling points E) Marketing strategies
Which of the following statements about discount rates is false?
A. The discount rate for a risky investment should be higher than the discount rate for a risk-free investment. B. Discount rates can be applied either to the cash flow from a transaction or the taxable income from a transaction. C. Both a discount rate for computing NPV cannot change from one period to the next and discount rates can be applied either to the cash flow from a transaction or the taxable income from a transaction. D. A discount rate for computing NPV cannot change from one period to the next.
Minsuh’s company favored a new CEO, but his salary expectations were unfair in comparison to the rest of the employees in the organization. To hire him, the company would have to make an exception to their policy, and they refuse to do so. This example is related to which ethical decision-making approach?
A. utilitarian B. objectivity C. rights D. justice
A recommendation report is written only to a supervisor
Indicate whether the statement is true or false