Even if the terms of a contract express such certainty of performance that the promisor has not definitely promised to do anything, the promise binds the promisor

Indicate whether the statement is true or false


False

Business

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Cost of goods sold represents

a. Expired costs during a period and is reported on the income statement. b. Unexpired costs and is reported on the balance sheet as an asset. c. The cost of goods that will be purchased during the next operating cycle and is reported on the balance sheet as an asset. d. Expired costs and is reported on the balance sheet as an expense.

Business

Describe the differences between traditional marketing communication strategies and service business communication strategies

What will be an ideal response?

Business

The drawer is obligated to pay the draft only if the drawee fails to pay the instrument

a. True b. False Indicate whether the statement is true or false

Business

The usual method of enforcing a restrictive covenant is by specific performance

a. True b. False Indicate whether the statement is true or false

Business