A contract that can be cancelled at any time for any reason is said to be illusory and lacks consideration.
Indicate whether the statement is true or false.
Answer: True
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Shaking hands upon meeting someone uses which of the following cues?
A. visual, auditory, tactile, olfactory B. visual, auditory, tactile, gustatory C. visual, tactile, olfactory, gustatory D. auditory, tactile, olfactory, gustatory
The resource-based theory of the firm is designed to take advantage of
a. marketing b. intellectual capital c. research d. target audience analysis e. financial and asset resources of the organization
Green Haven is an organization whose earnings are exempt from federal and state income taxes. Individuals who contribute money to the organization can avail the benefit of tax deduction. However, the organization is barred from distributing dividends to its members. Given this information, Green Haven is most likely a(n):
A. S corporation. B. C corporation. C. not-for-profit corporation. D. statutory close corporation.
As a general rule, employers have a legal obligation to disclose information about former employees to potential future employers
Indicate whether the statement is true or false