In a vertical analysis of the income statement, each line item is shown as a percentage of net sales
Indicate whether the statement is true or false
TRUE
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Which of the following statements about shrink wrap contracts is true?
A. The practice of using shrink wrap contracts never raises ethical problems like those involved in the use of small print, complex, or "hidden" language. B. Shrink wrap contracts are enforceable even when the terms violate contract rules such as unconscionability. C. Critics point out that all the consumers understand the shrink wrap contracts before accepting the terms and conditions. D. The label on shrink wrap contracts states that by removing the shrink wrap, the buyer accepts the terms of the software seller's licensing agreement.
In recent years, the position of press secretary has increasingly been awarded to ________
A) lobbyists B) career journalists C) career political public relations people D) former public relations agency directors
Ruppart Manufacturing has a contract for the sale of 100 cases of teaching supplies to Teachers Co-op, Inc Payment of the order is to be made in installments over the next year. Ruppart Manufacturing keeps a security interest in the cases sold to assure payment by Teachers Co-op, Inc When the order is completed, Ruppart ships the order. Legally:
a. both Ruppart and Teachers have an insurable interest in the supplies. b. only Ruppart has an insurable interest in the supplies. c. only Teachers has an insurable interest in the supplies. d. neither Ruppart nor Teachers has an insurable interest in the supplies.
Michael, a citizen of Ireland, and Nina, a citizen of the United States, enter into a contract. When Nina breaches the contract, Michael obtains an award of damages in an Irish court. He asks a U.S. court to enforce the award. The U.S. court defers to and enforces the Irish court's decree. This is
a. a travesty of justice. b. theact of state doctrine. c. thedoctrine of sovereign immunity. d. theprinciple of comity.