Lionel Richmond is a soccer player who has a six-year contract with the Christshire United soccer team. Two years into the contract, he meets with an accident which results in the complete amputation of his right leg
On what basis is Richmond discharged from further performance of the contract?
A) novation
B) substituted contract
C) accord and satisfaction
D) discharge by impossibility
D
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The primary difference between a cost-based transfer price and a market-based transfer price is
a. that the market-based price is usually lower. b. that the cost-based price will always be more advantageous to the company's overall profit. c. the appropriate profit factor. d. the influence of an external source for the raw material or part.
Early need theories of motivation address which part of the motivation process?
A. energizing behavior B. feedback C. sustaining behavior D. directing behavior
Depreciation on manufacturing equipment is an indirect product cost, while depreciation on office equipment is a period cost.
Answer the following statement true (T) or false (F)
A welder on an assembly line is both an employee and an agent
Indicate whether the statement is true or false