All of the following are a necessity of any contract except:
a. consideration.
b. competent parties.
c. meeting of the minds.
d. legal object.
Answer: a. consideration.
Business
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Which of the following statements best describes a Keogh (HR-10) plan?
A) It is a qualified retirement plan for self-employed individuals only. B) It is a nonqualified retirement plan for self-employed individuals only. C) It is a qualified retirement plan for self-employed individuals and their eligible employees. D) It is a nonqualified retirement plan for self-employed individuals and their eligible employees.
Business
In Grutter v. Bollinger, ________
a) affirmative action plan was upheld b) reverse discrimination existed c) both d) neither
Business