"I will pay you $100 to not sell your $500,000 house to anyone else for the next month so I can see if I can get the money together to buy it," you say. "Ok," says the home owner. The $100 payment is an option contract
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Answer the following statements true (T) or false (F)
1.We have a tendency to shift responsibility for communication problems and perceptual distortions away from ourselves and onto other people with whom we hold relationships. 2.The gender constructs that we create tend to limit how we are perceived and may lead to inaccurate judgments of others. 3.The second step we would use associated with uncertainty reduction theory would be to organize the information we have gathered so that we are able to store it and/or use it. 4.Selective attention is our preference for people and messages that confirm our existing beliefs, values, or attitudes, such as paying attention to messages delivered by a candidate we are supporting. 5.Selective retention is the practice by which we recall things that reinforce our thinking and forget things we find objectionable, such as recalling positive qualities of people we like and negative qualities of people we dislike.
The three characteristics of environmentally sustainable businesses are, in brief, limitations, interdependence, and __________.
Fill in the blank(s) with the appropriate word(s).
Brush Industries reports the following information for May:Sales$900,000Fixed cost of goods sold 100,000Variable cost of goods sold 250,000Fixed selling and administrative costs 100,000Variable selling and administrative costs 125,000 Calculate the gross margin for May under absorption costing.
A. $550,000 B. $650,000 C. $525,000 D. $325,000 E. $575,000
Sentences that average 20 words are most effective for business writing
Indicate whether the statement is true or false