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Question
Which of the following statements is true about contract laws?
A. Their application is confined to formally written documents.
B. They must be formal in order to be valid.
C. They enable private agreements to be legally enforceable.
D. They are applicable to all business dealings that are against public policy too.
E. They are invalid in instances that involve implied promises.
Answer
This answer is hidden. It contains 338 characters.
Related questions
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Which of the following statements is true about the role and effect of profits on ethical corporate behavior?
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B. Making a profit usually deteriorates the common good.
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Plato wrote that immoral behavior often flows from _____.
A. apathy
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B. The Business Roundtable
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Which of the following statements is true of consequentialism?
A. It focuses primarily on individual rights.
B. It views lying as an unethical practice.
C. It is found in the way in which managers use cost-benefit analysis to evaluate alternative courses of action.
D. It is primarily a duty-based view of ethics.
E. It asserts that individuals have rights, and that these rights should not be infringed, even at the expense of society as a whole, because they have an intrinsic moral value to them.
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The primary goal or end of business leaders is to produce a profit. This orientation reflects _____.
A. deontology
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C. consequentialism
D. the Protestant ethic
E. Darwinism
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A. utilitarianism
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