Which of the actions below, if taken by the parties to a contract, will terminate the contract?
a. A rescission
b. An accord and satisfaction
c. A novation
d. All of the above will terminate a contract by action of the parties
Ans: d. All of the above will terminate a contract by action of the parties
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Which of the following is a reason for ESOPs' popularity?
A. Earnings of the trust holdings are exempt from income taxes. B. ESOPs provide very high risk-free retirement income. C. Employees can use ESOPs to buy their company during financial crises. D. ESOPs require companies to invest 51 percent in the company's own stocks. E. The employees are provided with many more stocks than they actually own.
In order to develop the "right strategy" to succeed in business, managers must make the right decisions; and in order to make the right decisions, they must have objective, accurate, and timely:
A) reports about the competition B) reports about customers wants and needs C) information about market trends and changes D) the number and sizes of market segments E) information