The FTC has held that if an automobile is advertised to get 35 miles per gallon in highway driving, that must be the average mileage that ordinary drivers will get in ordinary driving, otherwise it is deceptive advertising
a. True
b. False
Indicate whether the statement is true or false
False
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CRM databases can be analyzed in terms of a customer's activity over the life of the business relationship
Indicate whether the statement is true or false
In periods of falling prices, LIFO will result in a higher ending inventory valuation than FIFO
Indicate whether the statement is true or false
Describe a situation in which JAD would be ideal
What will be an ideal response?
Upon graduating from college, Kathy announced her plans to enter law school the following fall and to marry Rick in December. Kathy's father was afraid that marriage during her first year in law school might cause her to fall behind in her studies or cause her to drop out of school. He called Kathy and promised her $10,000 if she postponed her wedding until after completion of her first year of law school. Kathy agreed and postponed the wedding for a year. Kathy successfully completed her first year of law school, but soon thereafter, Kathy's father died. The administrator of her father's estate claimed she was not entitled to the $10,000 because there was no consideration for her father's promise. If Kathy sues the estate, she will probably be
A. unsuccessful because her father's death terminated the contract. B. successful because there was consideration. C. unsuccessful because her father received no benefit. D. unsuccessful because it was merely fatherly advice not to get married during the first year of law school.