If in 1900 the Minnesota Supreme Court ruled that a minor can void a contract at any time during minority and, in 2014, the courts in Minnesota still follow this ruling, this is an example of
A)stare decisis
B)the bystander rule.
C)statutory law.
D)enabling legislation.
A
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The ______ is the price at which a foreign currency option can be exercised—that is, the price at which the foreign currency is bought or sold
a. strike price b. terms of trade c. rate of exchange d. exercise price
The following items were reported on the balance sheets and income statement for Centerton Inc, a service company: Accounts payable, December 31, 2015 $ 64,000 Accounts payable, December 31, 2016 48,000 Operating expenses—2016 170,000 What amount would be reported in the operating activities section of the statement of cash flows for payments for operating expenses under the direct method?
a. $186,000 b. $154,000 c. $180,000 d. $170,000
Types of integer programming models are:
A) total. B) 0-1. C) mixed. D) all of the above
Julia Staines entered into an agreement with Cellco for the provision of a cell phone
The agreement which she signed provided as follows: Late payment charge increase Due to an increase in the prime interest rate, effective January 1, 2008, Cellco increased the amount it charges on overdue accounts to 1.25% per month or 16.07% per year. Julia had possession of the cell phone for only three months when she started missing the due dates for payment of the charges she incurred. Julia decided to review her statement from Cellco and saw that she was being charged interest of 1.25% per month. She has decided to challenge the amount charged for interest in Court. Which of the following statements applies to the situation? A) no interest should be charged on her account B) the rate of interest charged is legal C) the rate of interest charged breaches the Canada Criminal Code D) the rate of interest cannot exceed the prime interest rate E) this rate of interest would be considered a penalty