True or False 1, All contracts must be in writing in order to be enforceable
2, Assuming there is a valid offer and acceptance, a promise to pay a nickel in exchange for a car would serve as consideration
3, Promissory estoppel means that there was a valid contract that the courts will enforce.
4, I'll sell you my car for $10,000 is most likely an example of an offer.
5, You hire an unlicensed plumber to do some handyman work in your house such as hanging pictures and mounting your big screen. Because the plumber is unlicensed, you are not required to pay him
6, The Mailbox Rule says that termination is effective when received
7, Common law has an exception to the battle of forms which allows for acceptance terms to differ from the offer
8, Even if you cannot meet all of the elements of a contract, in special circumstances, courts may still find that there was an enforceable agreement
9. A requirements contract requires the manufacturer to sell all that it produces to the buyer.
10, One person's joke can be deemed a valid offer if it looks like an offer to a reasonable person

Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.

The new york stock exchange is an example of what type of stock market?

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?