An offer to pay for a benefi t that has already been received. a. barren pr omise
Question:
An offer to pay for a benefi t that has already been received.
a. barren pr omise
b. consideration
c. forbearance
d. gratuitous promis e
e. general re lease
f. moral c onsideration g. past c onsideration h. pledge or subscription i. preexisting dut y j. promise
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
The correct answer is g past consideration Past consideration refers to a situatio...View the full answer
Answered By
Branice Buyengo Ajevi
I have been teaching for the last 5 years which has strengthened my interaction with students of different level.
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column. a. Barren promise b. Consideration c. Forbearance d....
-
An offer to confer a benefi t on someone without requiring a sacrifi ce in return. a. barren pr omise b. consideration c. forbearance d. gratuitous promis e e. general re lease f. moral c...
-
Indicate whether each of the following statements is true or false by writing T or F in the answer column. 1. Consideration is one of the elements of a contract. 1. ________ 2. The courts generally...
-
Question Description RangeFilterTester.java import java.util.ArrayList; class RangeFilterTester { public static void main( String[] args) { ArrayList accounts = new ArrayList(); accounts.add(new...
-
The following excerpt is from Whirlpool Corporation's 2008 10-K report filed with the SEC and is a required disclosure: The company is a major supplier to Sears of laundry, refrigerator, dishwasher,...
-
In conducting a fraud investigation, the internal auditor should first: a. Identify the perpetrator. b. Get the facts. c. Obtain a confession. d. Notify a law-enforcement agency. e. Obtain...
-
External reporting aspects of environmental information. LO.1
-
Distinction between relevance and cost behavior Stanley Company makes and sells a single product. Stanley incurred the following costs in its most recent fiscal year. Stanley could purchase the...
-
Question 12: Answer the following Mr.X is liable to pay tax from 1.10.2019 and has obtain registration on 11.10.2019. Is he eligible to claim ITC on inputs held on stocks? If yes on which date and...
-
The act of refraining from exercising a legal right. a. barren pr omise b. consideration c. forbearance d. gratuitous promis e e. general re lease f. moral c onsideration g. past c onsideration h....
-
An obligation to perform actions that are already required. a. barren pr omise b. consideration c. forbearance d. gratuitous promis e e. general re lease f. moral c onsideration g. past c...
-
9. Barry Minkow founded ZZZZ Best, a publicly traded carpet cleaning company. The company had a $5 million line of credit from Prudential Bache. Sheri Elowsky
-
Explain the importance(s) of the Teamwork soft skill in health care. Describe in detail an example of how it may be used in a healthcare setting.
-
Write a solution to this problem in the main method of a class named " Money " Ask the user to enter a number representing an amount of money from 1 dollar to 9999 dollars (integer). Assume the user...
-
Use linspace to define -4
-
Although beer may be the beverage of choice for most 20 somethings, for 28-year-old Geoff Dillon, his drink of choice would likely be whisky. Dillon grew up watching his dad, an environmental chemist...
-
In our text, the author discusses five drivers of a green supply chain. While each is important, different companies may be more influenced by some more than others. In your discussion, give an...
-
The article Where College Students Buy Textbooks (USA Today, October 14, 2010) gave data on where students purchased books. The accompanying frequency table summarizes data from a sample of 1,200...
-
Differentiate the following terms/concepts: a. Personality types and money attitudes b. Planners and avoiders c. Moderating and adapting to biases d. "Perfectible judges" and "incorrigible judges"
-
Lets return to the model of financial aid awards at a liberal arts college that was first introduced in Section 2.2. In that section, we estimated the following equation (standard errors in...
-
Lets return to the model of Exercises 3-7 and 5-8 of the auction price of iPods on eBay. In that model, we used datafile IPOD3 to estimate the following equation: Where: PRICE i = the price at which...
-
Look over the following equations and decide whether they are linear in the variables, linear in the coefficients, both, or neither: a. Y i = 0 + 1 X 3 i + i b. Y i = 0 + 1 ln X i + i c. ln Y i...
-
Deacon Company is a merchandising company that is preparing a budget for the three - month period ended June 3 0 th . The following information is available Deacon Company Balance Sheet March 3 1...
-
Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $460,000, and direct labor costs to be $230,000. Actual overhead...
-
Which of the following do we expect to be the horizon growth rate for a company (long term growth rate- say 30-50 years)? A) Inflation B) Industry Average C) Zero D) Market Beta
Study smarter with the SolutionInn App