Janet Pulls Her Car into a Line for a Car

question 54

Multiple Choice

Janet pulls her car into a line for a car wash.Janet says nothing and her car is washed by the employees there.Janet then refuses to pay for the car wash,stating that there is no contract.What would the results be in a lawsuit over this situation?

• A) Janet wins; because she said nothing,there can be no contract.
• B) Car wash wins; this is an express,unilateral contract that has been accepted.
• C) Janet wins; because the car wash made no promise to wash her car,there is no contract.
• D) Car wash wins; this is an implied-in-fact contract that has been accepted.

Understand the mechanisms through which small businesses contribute to economic innovation and growth.

Understand the impact of flotation costs on project financing and the calculation of initial project costs including flotation costs.

Calculate the Net Present Value (NPV) of a project and understand its importance in project evaluation.

Grasp the fundamentals of capital structure, including the effects of debt-to-equity ratios on financing.

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Definitions:

Caudate Nucleus

A brain structure within the basal ganglia involved in various functions including learning, memory, and regulating voluntary movement.

Ventral Tegmental Area

A part of the brain involved in the reward circuitry and the release of dopamine, significant in motivation, pleasure, and addiction.

Dopamine

A neurotransmitter in the brain involved in regulating movement, emotion, cognition, motivation, and feelings of pleasure.

Activation

The process of stimulating something to act or function, often used in the context of neural or biochemical pathways.