If the object of an offer becomes illegal after the offer was made, but before it is accepted, the
offer remains valid because it was legal when made.
Indicate whether the statement is true or false
FALSE
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In calculating interest on a note, it is necessary to take which of the following factors into consideration?
a. the principal b. the maker c. the payee d. the bank
Federal Unemployment Tax Act (FUTA) taxes are paid by employees only
Indicate whether the statement is true or false
Eliza is a new manager, and she frequently feels it necessary to threaten her employees with a variety of punishments in order to get them to follow the rules. The level of personal moral development at which Eliza is operating is the ______ level according to Kohlberg.
a. conventional b. unconventional c. preconventional d. postconventional e. reconventional
M and M, Inc. produces a product that has a variable cost of $3.00 per unit. The company's fixed costs are $30,000. The product is sold for $5.00 per unit and the company desires to earn a target profit of $20,000. What is the amount of sales that will be necessary to earn the desired profit?
A. $50,000 B. $75,000 C. $83,333 D. $125,000