A promise lacks consideration if a person promises to perform an act or do something he is already under an obligation to do. this is called

Historically, money has not always been of uniform quality. for example, diamonds were often used as a form of money, but every diamond is different.

Sandy notices a dog tied to a chain behind a fence and recognizes it as belonging to an acquaintance who lives a couple of blocks away.

Rosserdam Bank, a commercial bank in Louisiana, which was previously barred from dealing in securities market and selling insurance, began involving itself in such activities in the 90s.

Ted's wallet is as empty as his bank account, and he needs $3,500 immediately. Fortunately, he has three gold coins that he inherited from his grandfather. Each is worth $2,500, but it is Sunday, and the local rare-coin store is closed.

On which kinds of goods do governments generally place price ceilings? those that are essential but too expensive for some consumers those that are not necessary but have become customary those that are essential and cheap those that are cheap but

You are at a wedding and are unexpectedly asked to give a toast to the bride and groom. What would you do?

The fundamental relationship between savings and investment spending in an economy is that: A. savings will increase as investment spending decreases. B. investment spending and savings are always equal. C.

The best explanation of why Gulf airlines are giving U. S. legacy carriers stiff competition is that the Gulf carriers: A. offer more special deals to business travelers than do the U. S. legacy carriers. B. have taken advantage of U. S.

It costs Fortune Company $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A foreign wholesaler offers to purchase 1,000 scales at $15 each.

An American manufacturer has been asked to provide construction equipment to a foreign government. The contract is for a sizable amount, so the manufacturer wants to protect itself should the foreign government refuse to pay for the equipment once