Corey in a desperate need to get to the airport decides to take his neighbor Tanner's help. Tanner agrees to help and drives Corey to the airport. Upon arrival at the airport, Corey promises to pay Tanner $25 for the gas fill
Corey's promise falls under which of the following contracts?
A) illegal consideration
B) illusory promise
C) preexisting duty
D) past consideration
D
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Ford Motor Co. has separate divisions for passenger cars, for large trucks, and for farm products. Ford is an example of an organization with
A. geographic divisions. B. customer divisions. C. matrix partitions. D. a decentralized management structure. E. a global corporate culture.
Incremental innovations
A. are usually highly disruptive. B. are usually small improvements in products and processes. C. nearly always can be patented. D. usually represent technological transitions.
Ranger Company has assets of $5,000,000, liabilities of $3,000,000, and retained earnings of $1,200,000. How much is total equity?
A) $8,000,000 B) $2,000,000 C) $3,800,000 D) $1,800,000
A customer is encouraged to look at a variety of merchandise but not touch it or try it on in a(n) _____ display
a. rack b. open assortment c. cut case d. closed assortment