A condition subsequent can alter but not terminate a contract.?

Indicate whether the statement is true or false


False

Business

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This type of power is based on the characteristics of the individual.

A. expert B. coercive C. reward D. legitimate

Business

Leo's Furniture in its ads tells customers that they should buy their furniture from them as the other major furniture store in town, Honest Ted's, was going bankrupt, and would not be able to provide any service or warranty coverage in the

future. Honest Ted's is furious because it is not going bankrupt. Honest Ted's could sue Leo's Furniture for A) intentional interference with economic relations B) passing off C) product defamation D) conspiracy E) slander

Business

A joint venture resembles a partnership but is taxed like a corporation.

Answer the following statement true (T) or false (F)

Business

Complete the following by filling in the blanks:(1) The Prepaid Insurance account had a $545 debit balance at the beginning of the current year; $650 of insurance premiums were paid during the year; and the year-end balance sheet showed $420 of prepaid insurance; consequently, the income statement for the year must have shown $________ of insurance expense.(2) The Office Supplies account began the current year with a $235 debit balance; the income statement for the year showed $475 of office supplies expense; and the year-end balance sheet showed the current asset, office supplies, at $275; consequently, if all supplies were accounted for, $________ of office supplies must have been purchased during the year.

What will be an ideal response?

Business