During the Renaissance, with What Did the Term Divine Spark

question 55

Multiple Choice

During the Renaissance, with what did the term divine spark  become associated?

• A)artists
• B)patrons of the arts
• C)the clergy
• D)newly converted Christians
• E)princes

Understand the concepts of liquidated and unliquidated debts.

Comprehend the principles of accord and satisfaction and its enforceability.

Identify sufficient consideration in contractual agreements.

Explain the concept of promissory estoppel and its application.

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Definitions:

Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.

Net Profits

The amount of income that remains after subtracting all expenses, taxes, and costs from total revenue.

Shareholders

Individuals or entities that own shares in a corporation, thereby having an interest in its performance and governance.

De Jure Corporation

A corporation whose existence is the result of incorporators having fully or substantially complied with the relevant corporation statutes.