Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 04, 2024

CONSIDERATION CAN CONSIST OF: (A)A PROMISE (B)PERFORMANCE OF AN ACT (C)NONPERFORMANCE OF AN ACT (I.E. ABSTAINING FROM PERFORMANCE OF AN ACT) (D)ALL OF THE ABOVE

CONSIDERATION CAN CONSIST OF:

(A)A PROMISE

(B)PERFORMANCE OF AN ACT

(C)NONPERFORMANCE OF AN ACT (I.E. ABSTAINING FROM PERFORMANCE OF AN ACT)

(D)ALL OF THE ABOVE

(E)A AND B

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Basic Contract Law For Paralegals

Authors: Jeffrey A Helewitz

10th Edition

1543839533, 978-1543839531

More Books

Students also viewed these Law questions

Question

★★★★★

Felicia Company acquired some of the 65,000 shares of outstanding common stock (no-par) of Nueces Corporation during 2011 as a long-term investment. The annual accounting period for both companies...

Answered: 1 week ago

Question

★★★★★

As discussed in the chapter, an important consideration in evaluating current liabilities is a company's operating cycle. The operating cycle is the average time required to go from cash to cash in...

Answered: 1 week ago

Question

★★★★★

How has your background and education prepared you for the job you are seeking with us?

Answered: 1 week ago

Question

★★★★★

An organization plans to make a product in batches of 25,000 units. Planned production is 1,000,000 units, and actual production is 1,125,000 units. What are the planned (master budget) number of...

Answered: 1 week ago

Question

★★★★★

At March 31, 2010, Nicholson Store, had $1,000,000 of assets and $325,000 of liabilities. On April 10, 2010, Gaffers paid off $125,000 of its liabilities. Total stockholders equity at April 10, 2010,...

Answered: 1 week ago

Question

★★★★★

If you receive monthly payments of $20 in perpetuity. The first payment is made today. The annual interest rate is 8.5 % APR monthly compounded. What is the present value of your earnings?

Answered: 1 week ago

Question

★★★★★

10. What is meant by a feed rate?

Answered: 1 week ago

Question

★★★★★

While most people acknowledge accounting as an essential part of the business world, accounting also incorporates skills that are used regularly in daily life. In this post, please identify at least...

Answered: 1 week ago

Question

★★★★★

Suppose that there are only three types of consumers and consider a one period insurance choice problem in which there is only one health plan, and it offers full insurance. Expected cost to the...

Answered: 1 week ago

Question

★★★★★

DEF Sports Shoe Company has a Distribution facility in Cambridge Ontario, that imports basketball shoes from China for distribution to retailers across Canada DEF Sports was a small entrepreneurial...

Answered: 1 week ago

Question

★★★★★

Although Toby was usually too busy to see injured athletes from the local high schools, he agreed to look at Rodney's knee injury. Rodney was the son of the county prosecutor who was a good friend of...

Answered: 1 week ago

Question

★★★★★

5. What does it mean when we say the evaluation comes before the presenta-tion?.

Answered: 1 week ago

Question

★★★★★

1. Discuss the following statements: a) Predetermined is not the same thing as predictable. b) When we are aware of the consequences of our behaviour, we can change our behaviour. c) What we know is...

Answered: 1 week ago

Question

★★★★★

2. In this chapter, the reader should reflect on the following concepts:

Answered: 1 week ago

Previous Question Next Question