If an oral contract has been declared unenforceable under the statute of frauds, yet one of the parties has rendered some performance under the contract that conferred benefits on the other party, he or she can recover the reasonable value of the performance in ________.
A. collateral enforcement
B. quasi contract
C. promissory estoppel
D. guaranty contract
Answer: B
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Which of the following statements contradicts the philosophy underlying the just-in-time operating environment?
A) The work force must become multiskilled in order to operate different machines and perform other tasks in the work cell. B) A customer order triggers the purchase of materials and the activation of the production process. C) Large inventories are maintained in order to fulfill customer orders on a timely basis. D) Flexible work cells are created to increase productivity.
Which of the following statements regarding managers is most correct?
a. under most employment laws, managers are not deemed to be protected employees b. managers are usually not individually liable when they violate employees' rights c. employers are liable for the actions of managers taken within the scope of their employment d. a and c e. none of the above
Atom Publishing Protocol, which simplifies blog publishing, is a(n) _____ application
Fill in the blank(s) with correct word
What happens to an option if the underlying stock has a 3-for-1 split?
A. There is no change in either the exercise price or in the number of options held. B. The exercise price will adjust through normal market movements; the number of options will remain the same. C. The exercise price would become one-third of what it was, and the number of options held would triple. D. The exercise price would triple, and the number of options held would triple. E. There is no standard rule— each corporation has its own policy.