Mediocrité, Inc, makes and sells goods that are substandard. Naomi, who has never bought or used a Mediocrité item, files a suit against the firm, alleging that its products are defective. The company's best ground for dismissal of the suit is that Naomi does not have?
A)?certiorari
B)?jurisdiction.
C)?standing.
D)?sufficient minimum contacts.
C
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The cost of an equivalent unit is equal to:
a. A unit of work in process inventory. b. The amount of cost necessary to start a unit of production into work in process. c. The cost necessary to complete one unit of production. d. A unit of work in process inventory.
The inventory records for Radford Co. reflected the following: Beginning inventory @ May 11100 units @ $3.80First purchase @ May 71200 units @ $4.00Second purchase @ May 171400 units @ $4.10Third purchase @ May 231000 units @ $4.20Sales @ May 313600 units @ $5.70What is the amount of ending inventory assuming the FIFO cost flow method?
A. $4040 B. $4180 C. $4620 D. $4400
Negotiable instruments have replaced the instruments of collection which existed under the law merchant
Indicate whether the statement is true or false
In the current year, the not-for-profit organization Save the Butterflies Foundation received cash of $500 to be used as the Foundation wishes and $1,000 to be used for butterfly research. Save the Butterflies also received pledges of $700 that it can use as it wishes and $600 for its building fund. All pledges are expected to be received next year. How much would Save the Butterflies report as contributions with donor restrictions in the current year?
A. $2,300. B. $1,300. C. $1,000. D. $1,600.