The element of justifiable reliance requires the misrepresentation to be the sole factor in inducing the deceived party to enter into the contract
Indicate whether the statement is true or false
F
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The Craig-Doran Partnership owns inventory that was purchased for $85,000, has a current replacement cost of $54,500, and is priced to sell for $98,000 . At what amount should the inventory be recorded in the accounts of the new partnership if Alexis is to be admitted?
a. $98,000 b. $54,500 c. $85,000 d. $79,167
Which source of a problem occurs when there is a gap existing between what was supposed to happen and what did happen?
A) An opportunity B) A marketing opportunity C) A failure to meet an objective D) A major problemA marketing failure E) A marketing failure
The partial correlation coefficient is a measure of the correlation between Y and X when the linear effects of the other independent variables have been removed from X but not from Y
Indicate whether the statement is true or false
If a company's fixed costs were to increase, the effect on a profit-volume graph would be that the
a. contribution margin line would shift upward parallel to the present line. b. contribution margin line would shift downward parallel to the present line. c. slope of the contribution margin line would be more pronounced (steeper). d. slope of the contribution margin line would be less pronounced (flatter).