Archie bets his friend Jerry $100 that the Packers will win the next Super Bowl. This is an:
a. unconscionable contract and therefore illegal.
b. illegal wagering agreement.
c. agreement to obstruct justice and therefore illegal.
d. illegal restraint of trade.
b
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A debit:
A. Always decreases an account. B. Always increases liability accounts. C. Is the left-hand side of a T-account. D. Always increases an account. E. Is the right-hand side of a T-account.
Process benchmarking is concerned with how top-ranked companies achieve their results
Indicate whether the statement is true or false
Which of the following is not an assumption of cost volume profit analysis?
a. Selling price is constant. b. Variable cost/unit is constant. c. Fixed cost/unit is constant. d. Total fixed cost is constant. e. All of the answers are assumptions.
Which of the following is NOT related to quantitative data analysis?
a. dispersion b. frequency distribution c. unobtrusive measures d. central tendency