A contract is defined as ________
A) a formal writing that is signed and notarized as required by law
B) a legally enforceable exchange of promises
C) an exchange of a promise for an act, whether or not it is legally enforceable
D) an exchange of goods or money for services or barter
B
Business
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Compute the new balance on a credit card assuming that: ? Beginning balance = $450 ? Purchases during the month = $300 ? Payments made within the grace period = $250 ? Interest rate = 18%
A) $550 B) $503 C) $516 D) $1,000
Business
All of the following are common criteria to consider when selecting off-the-shelf software EXCEPT:
A) flexibility. B) vendor viability. C) functionality. D) cost. E) needs of staff.
Business