The municipality of College Town enters into a contract with Wooster Inc. to have the town's roads repaired. Katie is a resident of College Town and will be considered a(n):

A. incidental beneficiary.
B. implied beneficiary.
C. creditor beneficiary.
D. donee beneficiary.


Answer: A

Business

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What happens if a nation has allowed a case against it to be brought before the ICJ (International Court of Justice) and then refuses to accept a judgment against it?

A) American Arbitration Association can be sought for justice. B) UN Conference on International Trade Law can be approached. C) International Chamber of Commerce will be another source for seeking justice. D) European Court of Justice can be approached if the country is in the European Union. E) The plaintiff nation can seek recourse through the UN Security Council.

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A scale that has description also has order

Indicate whether the statement is true or false

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A company had net income of $252,000. Depreciation expense is $26,000. During the year, Accounts Receivable and Inventory increased $15,000 and $40,000, respectively. Prepaid Expenses and Accounts Payable decreased $2,000 and $4,000, respectively. There was also a loss on the sale of equipment of $3,000. How much cash was provided by operating activities?

A) $217,000. B) $224,000. C) $284,000. D) $305,000.

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