Bob promises to sell to Candy an automobile for $20,000, for which Candy promises $20,000 . A unilateral contract exists
a. True
b. False
Indicate whether the statement is true or false
False
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The purchase of land is an example of a(n)
A) investing activity. B) operating activity. C) capital activity. D) financing activity.
Which of the following are examples of civil law codes?
A) Corpus Juris Civilis. B) French Civil Code. C) German Civil Code. D) All of the above.
Mason bought a rotisserie in preparation for a party he was planning. When he put a chicken on the rotisserie, it would not rotate, but stayed in one position where it burned the chicken on one side and left it raw on the other. When he returned the rotisserie to the store, the salesperson disclaimed any responsibility because he had never told Mason the rotisserie would rotate the food as it
cooked. Does Mason have any recourse? a. No, the salesperson did not make any express warranties. b. Yes, the salesperson made an express warranty just by selling the goods. c. Yes, although the salesperson did not make any express warranties, the UCC imposes an express warranty on the sale. d. Yes, although the salesperson did not make any express warranties, the UCC imposes an implied warranty of merchantability under which the rotisserie is guaranteed to be fit for the ordinary purposes for which it is used.
Robert Lane, former CEO of Deere, a highly performing, highly ethical corporation, believes in the importance of senior management commitment to ethics, but he points out that the "tone at the top" must be reinforced by the actual behavior observed by suppliers, dealers, customers, and employees. At Deere, this is summed up in highly visible, frequently referenced shorthand known as:
A. the when. B. the who. C. the where. D. the how.