When a person has performed services under an oral contract that cannot be enforced because of the statute of frauds, such person:
A) can recover the agreed payment for the services because a refusal to make payment would be a breach of the contract
B) can recover the reasonable value of the services because there is a quasi-contractual duty to pay for the benefit received from such services.
C) cannot recover the value of the services because they were rendered under a unilateral mistake of law.
D) can have the party receiving the services arrested for obtaining property by false pretenses.
B
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Which of the following is not a characteristic of global strategic partnership?
A) Participants maintain independence outside the framework of alliance. B) Participants share benefits of the alliance. C) Participants share control over the performance of the assigned tasks. D) Participants make ongoing contributions in technology, products, and other areas. E) Participants agree not to compete in areas unrelated to the alliance.
Which of the strategies should be adopted when a customer takes time to share a concern, complaint, or question?
A. Ensure that necessary follow-up actions begin once the transaction is completed. B. Take necessary actions to resolve the problem only when it is most convenient for you. C. Redirect the complaint, concern, or query to your boss. D. Pretend to address the customer's grievances by giving them utmost importance.
Section 11 of the 1933 Act provides civil liabilities for damages resulting in an investor who finds, after purchasing the security, that the registration statement for the security contained an untrue statement or omitted a material fact.
Answer the following statement true (T) or false (F)
List the four special journals that are often used in a manual accounting information system. State what types of transactions are recorded in each of these special journals.
What will be an ideal response?