An agreement in connection with the sale of a business that prohibits the seller from engaging in the same or similar business for a period of twenty-five years would be unreasonable and unenforceable

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


True

Business

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Misty is applying for a job as an assistant bank manager. During one of the interviews, a manager takes three different phone calls. Misty is best advised to

A) smile, and wait for the interviewer to resume his or her conversation. B) say, "Excuse me, but is being rude standard practice in this bank?" C) whip out her cell phone, and make a few calls of her own. D) get up from the interview, and say, "I'll take a brief break right now."

Business

In contract law, intent is determined by the personal or subjective intent, or belief, of a party

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

Business

As production levels increase, fixed costs stay the same in total, but decrease on a per unit basis

Indicate whether the statement is true or false

Business

The ________ is the primary location in the United States to trade currency options

A) Philadelphia Stock Exchange B) Chicago Board of Trade C) Chicago Mercantile Exchange D) New York Stock Exchange

Business