Which of the Following Is Not a Type of Consideration

question 26

Multiple Choice

Which of the following is not a type of consideration?

• A)A detriment to the promisor
• B)A benefit to the promisee.
• C)A promise to think about refraining from doing something.
• D)A promise to do something.
• E)A promise to refrain from doing something.

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Definitions:

Pull Manufacturing

A production strategy where work is initiated based on customer demand, as opposed to pushing inventory based on projected demand.

Stock Inventory

Goods, materials, or commodities held by a business for the purpose of resale or production.

Lean Manufacturing

A methodical technique for minimizing waste in a manufacturing environment without reducing output.

One Operation

This term is not clearly defined in standard financial or accounting practices, it could refer to a process or task that is completed in a single step. NO.