Option-to-cancel clauses always render a contract illusory, because one party is not bound to the contract.

a. true
b. false


Answer: b. false

Business

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________ laws were passed to provide some relief to customers having complaints against auto dealers.

A. Lemon B. Credit C. Equal opportunity D. Fair credit

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The ________ discipline provides an account of how and why people do act the way they do.

A. stipulative B. supererogatory C. descriptive D. normative

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An administrative agency must always use formal procedures to resolve matters

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

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Infeasibility in a linear programming problem occurs when

A) there is an infinite solution. B) a constraint is redundant. C) more than one solution is optimal. D) the feasible region is unbounded. E) there is no solution that satisfies all the constraints given.

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