With regard to the promise of irrevocability, the CISG differs from the UCC in that the CISG ________

A. requires the promise of irrevocability to be signed by both parties
B. requires the promise of irrevocability to be limited by time
C. does not require for the promise of irrevocability to be in writing
D. makes it mandatory only for the offeree, and not for the offeror, to obey the promise of irrevocability

C

Business

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A contract must be in writing if it specifies that it will last longer than ________

A) 30 days from the formation of the contract B) 90 days from the beginning of performance C) 180 days from the beginning of performance D) one year from the formation of the contract

Business

If a company grows larger and faster than expected this may cause problems because

a. entrepreneurs do not want success to be easy. b. there may be conflicts with personal goals. c. the owner will be tempted to take a large salary. d. the start-up phase was too short.

Business