Aunt Ellie promises her 21-year-old nephew, Robbie, that she will pay him $100 if he quits smoking for a month. If Robbie does, is there a binding contract?

A) No, because Robbie gave no benefit to Aunt Ellie
B) No, because Robbie did not suffer any detriment
C) Yes, because stopping smoking will benefit Robbie's health
D) Yes, because Robbie gave up a legal right


D

Business

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Indicate whether the statement is true or false

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______ style of conflict management is appropriate when the issues are of low importance or when more information is forthcoming to help settle the conflict.

A. Acclimation B. Collaboration C. Competition D. Avoidance

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Professions such as medicine and journalism have:

a. written codes of ethics that apply to the work they do. b. unwritten codes of conduct that apply to the work they do. c. policies against respecting individual property rights. d. None of the answers are correct.

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Grant offers to sell his Honda Civic for $10,000 to Ivy. Referring to the prices for similar Hondas, Ivy says, "I'll pay no more than $5,000." Grant says, "Forget it." Grant's offer was terminated by

A. Grant. B. Honda. C. Ivy. D. no one¾Grant's offer is still open.

Business