Alice offers to sell her car to Barry for $500, and Barry accepts. Alice's car has a market value of $1,000 but this fact is unknown to Alice. The contract is enforceable
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following does not apply to SFAS No. 13?
a. It changed capitalization criteria. b. Non-cancellability and material equity were abandoned in favor of broader tests representing substantive transfers of ownership benefits and risks. c. It is intended to capitalize fewer leases than previous standards. d. It provides that the lessee use the lessor’s implicit rate in the lease if it is obtainable and if the implicit rate is lower than the lessee’s incremental borrowing rate.
Describe one characteristic of each style that could be misinterpreted by the other behavior styles and create a conflict.
What will be an ideal response?
The worth of a job, as it is determined by its comparative worth with jobs in other firms, is an external factor in the wage mix.
Answer the following statement true (T) or false (F)
An assessor mailing property owners notice of assessed value and tax bills does not meet due process standards
Indicate whether the statement is true or false