Which of the following is (are) the term(s) used to describe the person responsible for making payment on the due date of a promissory note?
A. Maker or debtor
B. Borrower or maker or debtor
C. Borrower
D. Lender or maker
Answer: B
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Which of the following is true of applying promissory estoppels to a contract?
A) Both parties must suffer legal detriment. B) Injustice would be caused if the promise were not enforced. C) They can be applied for illusory promise contracts. D) They can be applied for gift promise contracts.
Becca is a minor. As a minor, Becca? A)?is not usually legally bound by a contract
B)?has the right to avoid liability under a valid contract. C)?has the capacity to enter into a valid contract. D)?all of the choices.
Companies often turn to professional ________ companies for their ERP implementations instead of contracting with the software vendor to install and configure their new ERP system
A) development B) consulting C) outsourcing D) integration E) data migration
Authority used by stockholders to have their votes cast by others at corporation meetings is known as ___ _____________
Fill in the blank(s) with the appropriate word(s).