Consideration is needed to make a promise legally enforceable
Indicate whether the statement is true or false
T
You might also like to view...
______ group practices power based on a model of personal authority, empowerment, or reciprocal empowerment.
A. Men B. Women C. Minorities D. Elderly people
The means used by an offeror to communicate the offer is:
A. the only authorized means of communication for accepting. B. the impliedly authorized means for accepting regardless of circumstances. C. the impliedly authorized means for accepting unless the circumstances indicate otherwise. D. always the offeror's particular trade usage in communication, as it impliedly authorizes a given means of acceptance.
Which of the following is an example of an accrual?
a. Bookkeeping fees collected but not yet earned b. Six months' rent paid in advance c. Interest earned but not yet received d. Equipment purchased for use in the business
A ____ invests money in the business but has no management responsibility.
A. general partner B. limited partner C. sole proprietor D. nominal partner E. stockbroker