Only financial items can constitute consideration

Indicate whether the statement is true or false


False

Business

You might also like to view...

A culture can be divided into subcultures according to

A. personality characteristics of individuals in that culture. B. motives that members of that cultural group have for their behavior. C. geographic regions or human characteristics, such as age or ethnic background. D. income levels. E. information to which consumers allow themselves to be exposed.

Business

Which of the following statements is true of the board of directors of a corporation?

A. It elects the stockholders of the corporation. B. It establishes the corporation's mission. C. The board members of a corporation often take an active role in the day-to-day management of the corporation. D. The board members of a corporation assume unlimited personal liability for the corporation's debts.

Business

A toy manufacturer produces a product for which there are 10 possible defect opportunities. If in the course of a week the company makes 1,000 units and discovers 17 total defects, which value below most closely corresponds to the manufacturer’s sigma level?

a. 3.0 b. 4.0 c. 4.5 d. 6.0

Business

A business plan should illustrate

a. the current status of a related enterprise. b. the projected results of the new business. c. the desires of competitors. d. changes in borrowing practices.

Business