A homeowner has a contract with a firewood supplier to bring a rick of hardwood at the beginning of each month from October through March. If the supplier has brought a mixture of hard and soft woods for the first three deliveries, the homeowner cannot reject a delivery in January just because it includes some soft wood
a. True
b. False
Indicate whether the statement is true or false
True
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Some hosting companies charge extra fees for shared hosting if the site experiences activity above a predetermined amount of data that is transferred, or number of visits from Web surfers, known as _____.
A. spots B. deals C. hits D. stops
Yael sent Jen an offer to sell his mountain bike for $150. After thinking about the offer for a few days, Jen sent Yael a letter accepting his offer and asking if he intended to leave the book basket attached to the bike. The next day, before Jen's letter arrived, Yael phoned Jen and told her that he had decided to sell his bike to Jake, who had offered him $200. Which of the following statements holds true of this case?
A. Jen's acceptance was good and a contract was created when Jen's letter was mailed. B. The contract was not valid as the UCC held acceptances to be valid only when they were received and acknowledged in writing by the offeror. C. Jen used unauthorized means of acceptance. D. Yael could revoke the contract as the goods had not exchanged hands yet.
Which of the following are categories that do not reflect the contingent nature of losses and the guiding criteria organized around probability of outcomes as provided by the FASB?
a. Guaranteed. b. Reasonably possible. c. Remote. d. Probable.
Under the allowance method, Uncollectible Accounts Expense is recorded when an individual customer defaults
Indicate whether the statement is true or false