A promise to make a gift that has been completed can be rescinded by the donor if it was not supported by consideration.

a. true
b. false

Answer: b. false

Business

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Effective cost drivers should have which of the following characteristics?

a. They should be perceived as being fair. b. They should create an incentive for cost reduction. c. They should create an allocation rate based on patient revenues. d. Both a. and b. above are correct. e. Both a. and c. above are correct.

Business

A sole proprietor has unlimited liability; his or her total investment in a business, but not his or her personal assets, can be taken to satisfy creditors

Indicate whether the statement is true or false

Business