Mary is 16 years old and promises her mother that she will not smoke cigarettes until she is 18, the age under state law for legally purchasing and possessing tobacco. In exchange, her mother gives her $1,000. There is sufficient consideration for a valid contract. a. trueb. false
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Mary is 16 years old and promises her mother that she will not smoke cigarettes until she is 18, the age under state law for legally ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Bill is trying to decide what combination of bananas and apples to buy. A banana costs half as much as an apple. If no apples are purchased, he can buy 6 bananas. If no bananas are purchased, he can buy 3 apples.
Answers (1)
Which sources of information would be the most inclusive for an entrepreneur determining information to complete financial statements?
Answers (1)
The main purpose of most tariffs and quotas is to
Answers (1)
When a company "goes public," investors anywhere can buy shares of ownership in the company. is this true or false?
Answers (2)
The development of a nationwide computerized job bank listing all job openings would most likely reduce:
Answers (1)
New Questions in Business
Adam's bank account has a balance of $1213.69 before he starts spending money. He makes the following transactions: Transaction Cost ($) Car payment 260.16 Groceries 97.98 Parking ticket 75.00 DVD box set 115.35 Antique lamp 68.53 Suit 331.
Answers (2)
When is a goodwill impairment loss recognized? a. Annually on a systematic and rational basis. b. Never When both the fair value of a reporting unit and its associated implied goodwill fall below their respective carrying values. c.
Answers (1)
The back of a box of hinode harvest blend rice mix suggests cooking with chicken broth for added flavor. this is an example of
Answers (1)
Market failure occurs when Question 22 options: an unrestrained market economy leads to too few or too many resources going to a specific economic activity. one good is superior to another and drives it out of the market.
Answers (1)
Using accrual accounting, revenues are recorded a. when cash is received at the time services are performed or products have been delivered to customers b.
Answers (1)