Creating a competitive advantage, providing a benefit to society, and improving the company's image are examples of tangible benefits that might be realized from an EC project

Benny bought shares in Big Chip Maker (BCM) when the shares were trading for $37 a share. For the past 9 years BCM shares have not traded above $21. Can Benny rescind his purchase based on failure of consideration?

a. Yes, he clearly gave more value than he received. b. Yes, he suffered an economic detriment c. Yes, there is a difference in value sufficient to trigger the adequacy of consideration rule. d. No, unless he was induced into buying the shares through fraud or other wrongdoing.

The authors believe that the most serious competition nonprofits often face is

a. the growth of other nonprofits b. the status quo c. generating funding d. enlisting volunteers e. identifying generic competition