QuickHelper

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 362 Weeks Ago, 4 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Management Posted 05 Oct 2017 My Price 10.00

Question 1 of 7 1.0 Points Simon hires Peyton under a contract

Question 1 of 7

1.0 Points

Simon hires Peyton under a contract that reserves to Simon the right to cancel the contract on thirty days' notice at any time after Peyton begins work. This promise is

 

  A. enforceable.

  B. and accord and satisfaction.

  C. an unenforceable contract.

  D. a release.

 

Question 2 of 7

1.0 Points

Jian is seeking to avoid performing a promise to pay Genevieve $150. Jay is claiming a lack of consideration on Genevieve's part. Jian will win if he shows that

 

  A. before Jian's promise, Genevieve had already performed the requested act. 
  B. Genevieve's only claim of consideration was the relinquishment of a legal act. 
  C. Genevieve's asserted consideration is only worth $50. 

  D. the consideration to be performed by Genevieve will be performed by a third party.

 

 

Question 3 of 7

1.0 Points

Red Oak, Inc, assures Sultana Retail Corporation that its offer to sell its products at a certain price will remain open. This is a firm offer only if

 

  A. Sultana (the offeree) gives consideration for the offer. 
  B. Sultana (the offeree) is a merchant. 
  C. the offer is made by Ed Oak (a merchant) in a signed writing. 

  D. the offer states the time period during which it will remain open.

 

 

Question 4 of 7

1.0 Points

Luis assigns to Isabella a contract to buy a used car from Francine. To be valid, the assignment must

 

  A. be in writing and be signed by Luis. 
  B. be supported by adequate consideration from Isabella. 
  C. not be revocable by Luis. 

  D. not materially increase Francine's risk or duty.

 

Question 5 of 7

1.0 Points

Case Creations, Inc. (CCI),a Baltimore based bakery tells Milena, whose business is purchasing for others, to select and buy $2,000 worth of fresh fruit and ship it to Case Creations bakery. Milena buys the goods from Fresh Fruits and ships the fruit as directed, keeping an account for the expense in CCI's name. CCI and Milena

 

  A. do not have an agency relationship, because Milena's business is buying for others. 
  B. do not have an agency relationship, because Milena did not indicate that she was acting for CCI. 
  C. do not have an agency relationship, because their agreement is not in writing. 

  D. have an agency relationship

 
Question 6 of 7

1.0 Points

Amani owns Amani's Salon, which owes back rent to Charm City Properties, a landlord. Amani agrees to pay a percentage of her profit each month until the debt is paid. Charm City Properties is

 

  A. Amani's creditor and partner.

  B. Amani's creditor only.

  C. Amani's partner only

  D. neither Amani's creditor nor partner.

 

Question 7 of 7

1.0 Points

InstaRide issues common stock for sale to the public. If Priya buys ten shares of the stock, she had a proportionate interest with regard to

 

  A. control, earnings, and net assets.

  B. control only.

  C. earnings and net assets only.

  D. none of the above.

 

Question 1 of 2

0.0 Points

InstaRide issues common stock for sale to the public. If Priya buys ten shares of the stock, she had a proportionate interest with regard to

 

  A. control, earnings, and net assets.

  B. control only.

  C. earnings and net assets only.

  D. none of the above.

 

Question 2 of 2

0.0 Points

Kahlil is starting Green Tee, a lawn care service for golf courses. Kahlil can avoid all business related legal requirements if he organizes the business as

 

  A. a company.

  B. a partnership

  C. a sole proprietorship.

  D. none of the above.

 

Answers

QuickHelper
(10)
Status NEW Posted 05 Oct 2017 07:10 PM My Price 10.00

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