Larry has the largest pizza business in the city. He learns that Henry is thinking of opening a competing pizza and pasta delivery business. Larry gives Henry $25,000 to not open his proposed business in the same city. Which statement is correct?

a. The contract is voidable at Larry's option.
b. The contract is void for lack of consideration.
c. The contract is illegal and void.
d. The contract is enforceable.


c

Business

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When you need to maintain a close working relationship with someone to whom you are sending a negative message, you should generally

A) assume they will handle the news professionally. B) analyze the situation carefully. C) have someone else deliver the message. D) combine the direct and indirect approaches. E) delay the message as long as possible.

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How much money would a stock exchange make from buying and selling 500 shares of the stock under the conditions shown above?

A) $250 B) $3,000 C) $5,875 D) $210,375

Business

When the specific cardinalities are not included on the diagram in Crow's Foot notation, cardinality is implied by the use of _____

a. symbols b. attributes c. images d. tables

Business

In which of the following cases are the U.S. shareholders in a controlled foreign corporation (CFC) avoiding U.S. tax on the CFC's income?

A. The CFC operates in a jurisdiction with a tax rate lower than the U.S. rate, has no subpart F income, and 100% of its income is global-intangible low-taxed income. B. The CFC operates in a jurisdiction with a tax rate lower than the U.S. rate, and 100% of the CFC's income is subpart F income. C. The CFC operates in a jurisdiction with a tax rate lower than the U.S. rate, has no subpart F or global intangible low-taxed income, and pays no dividends. D. The CFC operates in a jurisdiction with a tax rate lower than the U.S. rate; 50% of its income is subpart F income and 50% is global intangible low-taxed income.

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