Which of the following constitutes valid consideration?
A) A promise to refrain from doing an illegal act
B) Past performance
C) A promise to refrain from doing an act that can be lawfully done
D) A promise to do what one is already obligated to do
C
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The representative of a packaged food service informed Carla, the cafeteria manager of a university, that the company would be making bulk deliveries every two weeks instead of its current weekly service. Carla complied even though this delivery schedule would require her to make extra arrangements to store the food. In this scenario, Carla's approach to conflict resolution reflects the ________ mode.
A. compromising B. competing C. opposing D. collaborating E. accommodating
The cost of treasury stock is deducted from total Contributed Capital and Retained Earnings in determining total stockholders' equity
Indicate whether the statement is true or false
A wiki A) consists of short audio and video files that deliver repetitive information and that can be downloaded and played on numerous devices
B) is a website with journal entries on a variety of topics. C) is a Web-based tool that uses collaborative software to allow multiple users to create, access, and modify documents. D) is a brief message exchanged in real time using a short message service supplied by a cell phone provider or a voice over Internet protocol service.
A broker is not an agent of the insurance company or the applicant
Indicate whether the statement is true or false