Contract remedies provided as exclusive will not preclude Code remedies if circumstances cause the remedy to fail in its essential purpose
Indicate whether the statement is true or false
True
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ERISA created the Pension Benefit Guaranty Corporation to protect employees from losing their retirement funds if the sponsor goes into bankruptcy.
Answer the following statement true (T) or false (F)
Indicate whether each of the following statements is true or false.The Selling and Administrative Expense (S&A) budget includes depreciation expense, which is based on projections from the capital expenditures budget.Interest expense on the S&A budget is based on borrowing projections shown in the cash budget.The schedule of cash payments for selling and administrative expenses includes the amount of depreciation expense for the period.A pro forma financial statement could be described as a budgeted financial statement.Pro forma financial statements include amounts drawn from the sales budget, the inventory purchases budget, the S&A budget, and the cash budget.
What will be an ideal response?
Globally why are certain types of firms seeking others with poor corporate governance?
What will be an ideal response?
Which of the following items is not a benefit of standard insurance policies?
A) Smaller insurers can offer cheaper insurance than larger companies if standard policies are used. B) Litigation should be reduced as policy meaning becomes understood. C) Consumers are more likely to learn the meaning of standard policies. D) Data collection and loss rate computation are easier and more accurate.