An oral contract for the transfer of an interest in land may be enforced if the party seeking enforcement has so changed his position in reasonable reliance on the contract that a court can prevent injustice only by enforcing the contract
a. True
b. False
Indicate whether the statement is true or false
True
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When confirming receivables in testing for overstatements, assume that there are few or no misstatements expected and the selection will be based on the dollar value of individual items. Which of the following is the auditor most likely to use?
a. MUS sampling. b. Stratified mean-per-unit sampling. c. Ratio estimation sampling. d. Attribute sampling.
A(n) _____ is a continuing relationship in which an individual or business grants business rights to operate or sell a product to another individual or business.
A. leasing contract B. alliance for profit C. brokered partnership D. franchise E. countertrade
The FCPA was passed in the United States in the 1970s largely because: A) the law was based on a draft law written by the United Nations
B) U.S. public opinion and world disdain over disclosures of hundreds of unethical payments to foreign officials by U.S. firms. C) an attempt by the U.S. Congress to provide a more predictable and easily understood law for U.S. firms operating abroad. D) the law was requested by many U.S. corporations in order to allow them to compete more effectively in foreign markets.
Quotas are taxeslevied against imports.
Answer the following statement true (T) or false (F)