A Doctrine to Avoid Injustice That Is Used by the Courts

question 405

Multiple Choice

A doctrine to avoid injustice that is used by the courts to bind a promisor to promises that a reasonable person would rely upon without consideration, is called:

• A) settlement agreement
• B) accord and satisfaction
• C) unliquidated debt
• D) performance contract
• E) none of the other choices

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Definitions:

Receiving Calls

The act or process of accepting incoming telephone calls, often in a business context for customer service.

Time-Driven

A method or model that assigns resource costs based on the actual time units consumed by an activity or process.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on their use of resources.

Preparing Deliveries

The process involved in getting goods ready to be dispatched to the customer, including packing and labeling.