Water Rites, LLC, enters into a contract to site and dig a well for Rancho Verde. Water Rites completely performs. Rancho Verde is entitled to

a. a discount.

b. rescission.

c. novation.

d. nothing more.


d

Business

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

1. The operating plan identifies clear targets such as revenues and cash flow.  2. Southwest Airlines' goal of being highly profitable is a tactical goal.  3. Southwest Airlines' goal of making arrival times more reliable is a tactical goal.  4. Policies, procedures, and rules are types of single-use plans. 

Business

Since secondary data provide a good starting point for research and often help define problems and research objectives, companies do not need to collect primary data

Indicate whether the statement is true or false

Business

Which accounting term does not mean the same as the others?

A) Retained earnings B) Net worth C) Owner's capital D) Owner's equity

Business

Which step of the innovation process can be described as recognition of a need for a solution and generated from existing information, experience, and knowledge.

a. Implementation and diffusion b. Idea generation c. Problem solving d. Brainstorming

Business