A conditional promise is generally considered sufficient consideration
Indicate whether the statement is true or false
true
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Smith Company reported $350,000 in book income before income tax during 2018, its first year of operation. The tax depreciation exceeded its book depreciation by $30,000. The tax rate for 2018 and all future years was 40%. What amount of deferred tax liability should Smith report in its December 31, 2018, balance sheet?
A. $ 10,000 B. $ 9,000 C. $ 8,000 D. $ 12,000
Which of the following statements concerning selling in England is true?
A) The British consider it rude to discuss business after the business day. B) You should expect a quick decision on the part of the client. C) The British appreciate very informal introductions. D) Critiquing the competition's offering is acceptable. E) The British tend to be very expressive and casual.
Which is an antecedent condition?
A. leadership outcomes B. conceptualization C. follower receptivity D. putting followers first
Which of the following statements is true of direct marketing?
A. It is synonymous with direct mail. B. It is less direct when compared to mail-order catalogs. C. Traditionally, it has not been considered an element of the promotional mix. D. It is seldom, if ever, used by companies that have an external sales force. E. The rapid growth of the Internet is discouraging the growth of direct marketing.