Which of the Following Would Not Be a Promise Statutorily

question 53

Multiple Choice

Which of the following would not be a promise statutorily made enforceable without consideration?

• A) Hawkins, in good faith, changes the quantity of square yards of carpet ordered from Grant Mills.
• B) Jones promises to pay his cousin's past-due cell phone bill.
• C) Dodds signs and delivers a waiver of a claim arising out of a breach of contract by Keys.
• D) A signed, written offer by Marcum Jewelers to sell four dozen 18" gold chains to the Alpha Sorority for $480 within the next 30 days.

Understand the application of cloud-based services in business processes.

Recognize database design concepts, including keys in key-value databases.

Understand the importance of database availability and risk management.

Develop knowledge about the benefits and limitations of cloud technologies.

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Definitions:

P/E Ratio

Price-to-Earnings Ratio, a valuation metric comparing the current share price of a company to its per-share earnings, used to evaluate if the stock is overvalued or undervalued.

ROE

Return on equity, a financial ratio that measures the profitability of a company by indicating how much profit a company generates with the money shareholders have invested.

Market-To-Book Value

A ratio used to compare a company's current market value to its book value, indicating how investors value the company relative to its actual assets.

Quick Ratio

A measure of liquidity similar to the current ratio except for exclusion of inventories. It equals cash plus receivables divided by current liabilities.