Which of the following is true of a promissory estoppel?
A) It is invoked in cases having option contract infringements.
B) It permits a court to order enforcement of a contract that lacks consideration.
C) It allows for a party to claim goods, which were revoked, for which it has already paid consideration.
D) It is invoked in cases that involve a promissory note to pay considerations at a later time.
B
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A good conversationalist:
a. avoids getting others to talk about themselves. b. avoids topics such as religion, politics, or money. c. criticizes others to keep their attention. d. avoids using people's names.
The formula for calculating EOQ is
A) 2DP IS B) 2 DS IP C) 2IP DS D) 2 DP IS E) DS IP
A taker of a negotiable instrument may be denied the status and protection of a holder in due course if: A) one party is a consumer
B) the close-connection doctrine applies. C) the instrument is bearer paper. D) the presentment is not made in a commercially reasonable manner.
An investor in the 25% marginal tax bracket purchased a bond for $983, received $85 in interest, and then sold the bond for $955 after holding it for six months
The tax rate for capital gains with holding periods in excess of one year is 15%. What are the pre-tax and post-tax holding period returns? A) 5.8%; 4.3% B) 6.0%; 4.5% C) 5.8%; 4.5% D) 6.0%; 4.3%