Aunt Ellie promises her 21-year-old nephew, Robbie, that she will pay him $100 if he quits smoking for a month. If Robbie does, is there a binding contract?

A) No, because Robbie gave no benefit to Aunt Ellie
B) No, because Robbie did not suffer any detriment
C) Yes, because stopping smoking will benefit Robbie's health
D) Yes, because Robbie gave up a legal right

D

Business

You might also like to view...

You have covered the major points of the sales presentation and detected considerable buyer interest, but you feel that the prospect will not be able to put the entire picture together without help. Which type of closing would be most appropriate?

A) balance sheet close B) management close C) summary-of-benefits close D) trial close E) assumptive close

Business

The "chasm" between the early adopters and the early majority market is primarily due to:

a. capital constraints b. poor understanding of the needs of the early majority c. the lack of credible references for early majority buyers d. competition e. early majority buyers wanting additional features

Business