Using a threatening tone of voice when negotiating a contract may lead to a valid charge of duress

Indicate whether the statement is true or false


True

Business

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Which is an example of an open-ended question?

a. “Tell me about your ideal career.” b. “How many employees did you manage at your last job?” c. “Did you read the job description carefully?” d. “Did you do training and development at your last job?”

Business

The term ________ refers to a third party who is not in privity of contract but who has rights under the contract and can enforce the contract against the promisor

A) third-party contractor B) third-party assignee C) subassignee D) intended third-party beneficiary

Business

When people say average, they usually intend to indicate the __________, or arithmetic average

A) mean B) mode C) median D) margin

Business

Which of the following statement(s) is/are TRUE?

A) Collateral is security provided to a lender. B) Intangible property has no physical presence C) Because collateral is provided as security, it is not subject to the laws affecting property. D) Both A and B E) All of the above

Business