Cash paid in the acquisition of land, buildings, or equipment; loans to other companies; and the
proceeds from the sale of land, buildings, or equipment will show up on the cash flow statement
under the category of
A) cash flows from financing activities.
B) cash flows from investing activities.
C) cash flows from operating activities.
D) A and B above.
E) B and C above.
B
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Which statementBEST describes procedures?
a. They are more detailed than instructions. b. They vary widely throughout a company. c. They describe a system or process in general. d. They show one person how to carry out a single task.
Which of the following is not a required element for a successful trade dress claim?
A) The trade dress is primarily nonfunctional. B) The trade dress adheres to industry standards. C) The trade dress is inherently distinctive or has acquired a secondary meaning. D) The alleged infringement creates a likelihood of confusion.
A manufacturer agreed to ship items at a price of $2,000 to a retailer. The retailer's normal profit on its sale would be $1,000. The manufacturer failed to ship the goods. They are easily available elsewhere
Based on these facts what is the retailer's best remedy? A) Specific performance B) Damages C) An accounting D) An injunction E) Quantum meruit
Which of the following is not a breach of an agent's duty of obedience?
a. Entering into an unauthorized contract for which his or her principal is then liable. b. Committing a tort for which the principal is now liable. c. Improperly delegating her authority. d. Not following a principal's instruction to misrepresent the quality of a competitor's goods to a potential customer.