The tort of palming off involves:
A) Blaming another for one's own actions and communicating that blame to at least one
other person.
B) Making false statements about the goods of another.
C) Representing one's own goods to be those of a competitor.
D) Knowingly selling goods that are defective.
E) Failing to credit another for that other person's legal accomplishments.
C
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Which of the following businesses most likely would have a large Unearned Revenue account balance at all times?
a. Dry cleaners b. Realtor c. Magazine publisher d. Department store
Halt Company uses a standard cost system and applies manufacturing overhead to products on the basis of machine hours. The following information is available for the year just ended: Standard variable-overhead rate per machine hour: $2.50Standard fixed-overhead rate per machine hour: $5.00Planned activity during the period: 30,000 machine hoursActual production: 10,700 finished unitsProduction standard: Three machine hours per unitActual variable overhead: $86,200Actual total overhead: $225,500Actual machine hours worked: 35,100Required: A. Calculate the budgeted fixed overhead for the year.B. Did Halt spend more or less than anticipated for fixed overhead? How much?C. Was variable overhead under- or overapplied during the year? By how much?D. Was Halt efficient in its use of machine
hours? Briefly explain.E. Would the company's efficiency or inefficiency in the use of machine hours have any effect on Halt's overhead variances? If "yes," which one(s)? What will be an ideal response?
These should be kept simple while still being useful.
A) Budget sheets B) Net worth sheets C) Tax forms D) Bank statements E) None of the answers are correct
In the one-to-many type of relationship, the word many always indicates a large number
a. True b. False Indicate whether the statement is true or false