Best Silo Storage applies for a business loan from County Credit Union. To help Best Silo get the loan so that it will be able to stay in business and fulfill a deal it has made with her, Dakota promises the credit union's loan officer that she will repay the loan if Best Silo does not. To be enforceable, Dakota's promise
a. need not be in writing.
b. must be in writing because it benefits Best Silo.
c. must be in writing because the credit union is not a party to the other deal.
d. must be in writing because it benefits Dakota.
A
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Fill in the blank(s) with the appropriate word(s).
The basic concept that both parties to a contract should have agreed to the same terms is referred
to as: A) Co-agreement. B) Mutual assent. C) Bilateral agreement. D) Common intent.
Which of the following is not a factor that affects how a competitor will respond to a competitive attack?
A. the degree of market power and reputation of the company that initiated the attack B. how dependent the competitor is on that industry or particular market segment C. the resources which are available for a firm to respond D. the stock market reaction to the initial competitive attack
Analysts use ________ to comb through vast amounts of data to find hidden patterns and determine how to use those patterns.
a. terabytes b. algorithms c. hardware d. sentiment analysis e. bounce rate