When the agreement of the parties is demonstrated by their acts and conduct, this is known as what type of contract?

a. express
b. voidable
c. implied
d. unilateral

Answer: c. implied

Business

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Why would a corporation issue bonds payable instead of issuing stock?

A) Debt is a less expensive source of capital than stock. B) Borrowing by issuing bonds payable carries no risk to the company. C) Debt affects the percentage of ownership of the corporation by the stockholders. D) Debt does not have to be shown on the balance sheet.

Business

How does a company differentiate its market offerings using employee differentiation? Provide an example of a company using employee differentiation

What will be an ideal response?

Business