Mary agrees to sew Georgia's prom dress for $50 plus costs. Georgia decides that she wants ruffles around the neck and calls Mary who says it will now cost $60 . When Mary finishes the dress (with ruffles), Georgia must pay:

a. $50, since that is the original agreement.
b. $50, since a modification must be in writing.
c. $60, since the modified agreement is supported by additional consideration.
d. $60, since any subsequent agreement is enforceable.


c

Business

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Under corporate law, a corporation that officially states its purpose is "to engage in any lawful activity for which corporations may be organized under the General Corporation Law of Idaho" is too broad. A corporation's purpose must be more narrowly defined

a. True b. False Indicate whether the statement is true or false

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Answer the following statement true (T) or false (F)

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If a firm earns a net profit of $100,000 on sales of $2,000,000, its net profit margin is:

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