Social coercion to enter into a contract cannot be a basis for avoidance of the contract

Indicate whether the statement is true or false


False

Business

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Kaylin graduated from college in June. For the last three years she successfully ran a small part-time business while attending school

Her business arranged for the delivery of personalized birthday cakes and other gifts to students in her school. Since many of these students were from different states or countries, this service provided a way for their family and friends back home to celebrate the occasion. Kaylin used social media like Facebook and Twitter to remind potential customers of upcoming birthdays and other gift-giving occasions, like holidays or campus events (care package for mid-term exams, picnic packs to celebrate the arrival of spring after a snowy winter, etc.). Describe some of the communication issues that Kaylin might have faced while running her college business. What will be an ideal response?

Business

Expenses provide future benefits, and assets measure the consumption of those benefits

Indicate whether the statement is true or false

Business

Felicity Cookware Company makes and sells kitchen products. To cover injuries to consumers if the products prove defective, Felicity should obtain

A. group insurance. B. health insurance. C. liability insurance. D. life insurance.

Business

The crime of bribery occurs when the bribe is offered—it is not required that the bribe be accepted

Indicate whether the statement is true or false

Business