A preexisting duty ________ consideration to support a new contract.
A. is sufficient
B. in government contracts can be sufficient
C. between family members is sufficient
D. is not sufficient
Answer: D
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Which of the following is a part of expert witness testimony during a trial?
a. presenting visuals to convey issues more completely regarding complex fraud issues b. responding to direct-questioning by the attorney representing the opposing side c. responding to questions for clarification from the jury d. responding to cross examination by the attorney who hired the expert witness
A company's current ratio is 2.3 and its quick ratio is 0.32. This company is probably an excellent credit risk because the ratios reveal no indication of liquidity problems.
Answer the following statement true (T) or false (F)
The first major reason for performance appraisals is to provide an opportunity for ______ communication between management and the employees concerning how the organization believes each employee is performing.
A. informal B. formal C. punishing D. reinforcing
Betty Lou is negotiating with a salesperson concerning the price of a used car. She must decide the appropriate time in which to reveal the maximum amount she is willing to spend
But she first wants to get the salesman to agree to provide as many deals, add-ons, and incentives as possible. What Betty Lou is experiencing can best be described as: a. A choice between engaging in distributive or integrative negotiation b. The negotiator's dilemma c. A personal crisis that has nothing to do with negotiating strategy b. A "fixed pie" gambit c. All the above, except c