Though a contract may permit strikes during the contract period, unions are never permitted to strike because a deadlock occurs during a wage reopening negotiation

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.

Which of the following causes of death would most likely be covered in a life insurance policy issued today, though for many years it was typically excluded from coverage?

A) A commercial airline pilot is killed when his personal airplane crashes into the ocean. B) A skydiving hobbyist dies when his parachute fails to open during a skydive. C) A soldier is killed while on a night patrol in a war zone. D) A fare-paying passenger is killed in a commercial airplane crash while flying to visit a relative."