Francie drives into Gage's Auto Service and asks Hong, a Gage's employee, to replace a tire onFrancie's car. After Hong replaces the tire, but before Francie pays for it, any contract between Francie and Gage's is
a. executed.
b. executory.
c. void.
d. unenforceable.
B
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Purchased intangible assets are generally expensed at their acquisition costs because the future economic benefits associate with them are difficult to measure.
Answer the following statement true (T) or false (F)
If a contract for the sale of goods omits the price to be paid, the: ______
A) contract is void because it is too indefinite to be enforced. B) buyer is required to pay a reasonable price for the goods. C) buyer can pay whatever price the buyer in good faith believes is a proper price. D) seller can rightfully charge whatever price the seller in good faith believes is a proper price.
Three boys were leaving Wal-Mart when they were stopped by plain clothes security officers. One officer said, "Those shirts that you have on were stolen." One boy said, "You can't be serious." The officer responded, "Yes, I am. Come with me." The boys then went with the officers to a side door and into an office. The boys' parents have filed suit against Wal-Mart. Discuss what their suit might be
for and what defenses Wal-Mart has. Indicate whether the statement is true or false
Drawing conclusions about a population from a sample taken from that population is referred to as
A. criteria sampling B. nonprobability sampling C. extrapolation D. probability sampling E. statistical inference