Statutes of limitations
A) define how much money the injured party can sue for under a breach of contract claim
B) define whether there has been substantial performance of a contract or a material breach.
C) limit the time in which an injured party may sue.
D) only apply to the sale of goods. There is no statute of limitations on a service contract.
C
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Which of the following sentences is punctuated correctly?
a. The following three factors influenced our decision; an expanded market, a source of raw materials, and a source of labor. b. The following three factors influenced our decision: an expanded market, a source of raw materials, and a source of labor. c. The following three factors influenced our decision. An expanded market, a source of raw materials and a source of labor. d. The following three factors, influenced our decision: an expanded market, a source of raw materials and a source of labor.
The bill of lading is a document of title that is issued by a common carrier to the bailee when goods are received for transportation
Indicate whether the statement is true or false
Which one of the following is not one of the obstacles to effective leadership?
a. uncertainty that creates pressure for quick responses b. vague definition of leadership c. rigid and short-term oriented organizations d. inaccessible academic research
The Chuba Corporation uses a standard cost system in which manufacturing overhead is applied on the basis of standard direct labor-hours (DLHs). During December, the company actually used 7,200 direct labor-hours and made 1,900 units of finished product. The standard cost card for one unit of product includes the following data concerning manufacturing overhead:Variable overhead: 4 DLHs @ $5.25 per DLHFixed overhead: 4 DLHs @ $2.00 per DLHFor December, the company incurred $16,550 in fixed manufacturing overhead costs and recorded an $800 unfavorable volume variance.The denominator activity level in direct labor-hours used by Chuba in setting the predetermined overhead rate was:
A. 7,800 hours B. 8,000 hours C. 7,200 hours D. 7,600 hours