If Brad Agrees to Sing at Sean's Wedding for Free

question 218

True/False

If Brad agrees to sing at Sean's wedding for free and then doesn't show up, Sean may sue Brad for breach of contract.

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Definitions:

Insider Trading

The unlawful activity where individuals trade on the stock market for personal gain using private, sensitive information.

Business Judgment Rule

A legal principle that protects the decisions of a corporate board of directors from judicial review as long as those decisions are made within their authority and with a reasonable belief that they were in the best interests of the company.

Currency Trader

An individual or entity that buys and sells currency pairs on the foreign exchange market to profit from exchange rate fluctuations.

Quorum

The minimum number of members required to be present to make the proceedings of a meeting valid.