Dana gives care to Marnie's dog when Dana finds Marnie's dog ill on the side of the road. After Marnie locates her dog, Marnie promises to reimburse Dana for the cost of treating the dog. Marnie's promise is binding, because there is a bargained-for-exchange
a. True
b. False
Indicate whether the statement is true or false
False
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For integrated audits, the auditor will test the operating effectiveness of important controls as of the client's year end
a. True b. False Indicate whether the statement is true or false
________ ________ is a pricing strategy that involves setting a relatively high price for a period of time after the product launches.
What will be an ideal response?
To simplify, clarify, and modernize the law governing commercial transactions, the UCC permits the use of "open terms" in sales contracts. In the use of "open terms," which of the following is TRUE?
a. The court will use market value and other comparable sales to determine what a reasonable price would have been at the time of delivery if the parties have not settled the price in the contract. b. If time of payment is not mentioned in the contract, payment within a commercially reasonable time is presumed. c. If the contract permits the buyer or seller to determine the price during contract performance, the UCC requires the party to do so in good faith. d. All of the above are true.
Servers require controlling and managing software, which is called a(n) ________ or ________
A) NAS, SAS B) NOS, SOS C) UPR, APR D) EMT, NOT