Which of the following statements defines a bilateral contract?
A) the exchange of one promise for another promise
B) the exchange of a promise for an act
C) the exchange of two or more promises for two or more acts
D) a contract that will be performed twice
A
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International franchising can reduce the likelihood of political instability being a threat
Indicate whether the statement is true or false
In 1915, Gracie Phillips, mother of seven, lost her husband in a horrible industrial accident that could have easily been prevented. Soon after, Gracie decided to take legal action against the company. What obstacle did she likely encounter?
A. Although going to court would be relatively inexpensive, Gracie is not very likely to win the case. B. It is likely that her legal action would result in the closure of the factory, thereby destroying the economy in her town for her friends and relatives. C. Although Gracie is likely to win such a strong case against the company, she will not be able to afford to go to court. D. The company responsible is likely to improve its working conditions significantly and make Gracie look like a liar. E. She will find out that court is very expensive, and her chances of winning are extremely slim.
The average number of jobs in the work center for the jobs listed in the following table under the FCFS (first come, first served) rule is ______.
a. 3.5
b. 2.1
c. 3.23
d. 2.79
The concept that emphasizes that people should not put all their eggs in one basket is
A) the time dimension of investing. B) the curse of competitive investment markets. C) diversification reduces risk. D) the farmers analogy. E) liquidity is first.