Generally, a unilateral mistake affords the mistaken party a right to relief from the contract.
Answer the following statement true (T) or false (F)
False
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Credit cards are
A. not counted as money because they represent borrowings and not payments. B. counted as part of M1. C. the same as stored-value cards. D. counted as part of M2, but not M1.
Which of the following is an external proposal?
A) A proposal suggesting a new volunteer program to your HR department B) A proposal asking your boss to implement a flex-time schedule C) A proposal seeking the business of a new customer D) A proposal recommending a new process to your supervisor E) A proposal requesting that your department be allocated funds for a new project
The 80/20 principle is a time management concept that favors a salesperson putting 80 percent of his time on planning and 20 percent on selling.
Answer the following statement true (T) or false (F)
Indicate with a Yes or No whether or not each of the following accounts would, under normal circumstances, require an adjusting entry. 1 . Cash 2 . Prepaid Expenses 3 . Depreciation Expense 4 . Accounts Payable 5 . Accumulated Depreciation 6 . Equipment