In the absence of agreement, payment is due at the time and place the buyer is to receive the goods, even though the place of shipment is the place of delivery

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Alma was suffering from a terminal disease. Because she distrusted attorneys, she wrote a statement in her own handwriting, labeling it "My Last Will and Testament." The statement contained a provision specifying that Alma wanted all of her property to go to her church upon her death. She signed the statement and stored it in her jewelry box, and she told her friend Willa of its location. When Alma died, Willa produced Alma's statement. Willa is now attempting to have the statement admitted to probate as Alma's will. Alma's grown children claim that Alma died intestate and that they should inherit her property. In this scenario, ________.

A. Alma's will is void and Willa will inherit her property B. the will may be declared void and the property will go to the state C. Alma's children and the church will split Alma's property because Alma's will is nuncupative D. the church will inherit Alma's property if Alma's state recognizes holographic wills

Business

A customer's check for $1,270 was returned for nonsufficient funds. Which of the following journal entries is needed to adjust for the NSF check?

A) Accounts Receivable 1,270 Cash 1,270 B) Cash 1,270 Sales Revenue 1,270 C) NSF Check 1,270 Cash 1,270 D) Accounts Payable 1,270 Cash 1,270

Business

Haddows, Inc completed Job GH6 last month

The cost details of GH6 are shown below. Direct labor cost $2,040 Direct materials cost $87 Direct labor hours 4 hours Predetermined overhead allocation rate per direct labor hour $72 Number of units of finished product 31 Calculate the cost per unit of the finished product of Job GH6. (Round your answer to the nearest cent.) A) $2,127.00 B) $12.10 C) $75.10 D) $77.90

Business

Two types of organizational programs have become particularly popular during the last two decades: employee assistance programs and ________ programs.

A. physical fitness B. biofeedback C. health care D. wellness

Business