Which of the following is an example of cooperative anti bribery efforts aimed at combating corruption in international business dealings?
A. The IACAC
B. The CSEA
C. The ECPA
D. The CFAA
Answer: A
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Which of the following would be included in the entry by the payee to record a dishonored note receivable?
A) a debit to Accounts Receivable B) a debit to Interest Revenue C) a debit to Notes Receivable D) a credit to Interest Expense
Explain how marketers are held accountable for the results of their work, including a discussion of scorecards and ROI
What will be an ideal response?
________ is an agreement whereby the parties agree to accept something different in satisfaction of the original contract
A) Counteroffer B) Accord C) Promissory estoppel D) Mirror image acceptance
Dean, the president of Billing & Credit Company, promises to pay his employee Ewing, who is dangerously obese, $10 for every pound that he loses within the next two years. Ewing agrees, diets and exercises, loses 154 pounds, and asks Dean for $1,540
Dean refuses to pay, say-ing that he does not remember the promise, but that even if he did make it, there was no consideration, and Ewing's improved health is a sufficient benefit for his effort and sacrifice. Ewing files a suit against Dean. In whose favor is the court likely to rule, and why?