If a principal ratifies a contract without knowing all of the facts, the principal can rescind the contract
Indicate whether the statement is true or false
T
You might also like to view...
Anecdotal evidence comes from ________
A) research papers published in the past B) online database and websites C) subjective reports and stories that people tell D) videos and photographs E) archived manuscripts and reports
Even though the consolidation of two or more forms may be possible, doing so is unwise because of the impact of the consolidation on systems utilization
Indicate whether the statement is true or false.
On June 30, 2017, Rangers, Inc showed the following data on the equity section of their balance sheet
Stockholders' Equity Common Stock, $1 par; 197,000 shares authorized,146,000 shares issued and outstanding $146,000 Paid-In Capital in Excess of Par-Common $263,000 Retained Earnings 958,000 Total Stockholder's Equity $1,367,000 On July 1, 2017, the company declared and distributed a 10% stock dividend. The market value of the stock at that time was $15 per share. Following this transaction, what is the number of shares issued? A) 86,500 B) 297,300 C) 160,600 D) 146,000
Which of the following promises in consideration of marriage would be outside the statute of frauds?
a. In consideration of Joan's promise to marry him, a man promises to pay her an allowance and to give her all of his property upon his death. b. John and Mary mutually agree that their marriage shall not affect the existing property rights of the other. c. Joan promises to release a money judgment against Steven in consideration of him marrying her. d. John and Joan mutually promise to marry each other in a formal ceremony on June 23.