An oral contract may be enforceable if the person making the promise could foresee that the promisee would rely on the promise
Indicate whether the statement is true or false
True
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In discussing book value of common stock, which statement below is not correct?
A. Book value is also referred to as total equity of the firm. B. Book value per share is computed by dividing common equity by the number of common shares outstanding. C. The terms "issued" and "outstanding" are synonymous when discussing the number of common shares. D. If any preferred stock were outstanding, its carrying amount would be deducted from the total equity to obtain the common equity.
________ writes, "The narcissistic person has built an invisible wall around himself. He is everything, the world is nothing. Or rather: He is the world."
A. Sigmund Freud B. Steve Jobs C. Erich Fromm D. Henry Ford
The maximum value of a target firm to the buyer = the value to the seller - the value added by the buyer
Indicate whether the statement is true or false
One of the benefits oflicensing is:
A. lesser legal restrictions. B. ease of finance from the parent company. C. instant name recognition. D. that it safeguards the company's products as an exclusive entity.