Author Question: John Johnson is a customer of company ABC. As such, John is a(n) A)shareholder. B)customer and ... (Read 94 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
John Johnson is a customer of company ABC. As such, John is a(n)
 A)shareholder.
 B)customer and stakeholder.
 C)customer only.
 D)stakeholder only.

Question 2

Beth owned an original United States flag. She had previously loaned the flag to Ross, a lawyer, so that he could display the flag on the wall behind his office desk. One day while visiting Ross in his office and admiring the flag, Beth said to Ross, You are so fond of that flag, I would like you to have it Ross responded with a gracious thank you. In this situation
 A) Beth has not made a valid, binding gift of the flag because gifts are never binding and can always be revoked by the donor.
 B) Beth has not made a valid, binding gift of the flag because the donor must deliver the property to the donee, which was not done here.
 C) Beth has made a valid, binding gift if Beth agreed to give the flag in exchange for Ross's legal services.
 D) Beth has made a valid, binding gift because she intended to transfer present ownership to Ross and Ross accepted the flag.



k2629

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library