The law allows you to give $25,000 per year tax free in 2015 to as many people as you'd like
Indicate whether this statement is true or false.
Answer: FALSE
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If the promisee agrees not to do something he or she has a legal right to do in exchange for the promisor's promise, that does not provide legal value.
Answer the following statement true (T) or false (F)
In George’s model of authentic leadership, the central component or as he called it “true north” is ______.
A. relationships B. the leader C. compassion D. consistency
Provision of services qualifies as a consideration for an enforceable contract
Indicate whether the statement is true or false
Starcic Products, Inc., has a Connector Division that manufactures and sells a number of products, including a standard connector. Data concerning that connector appear below:?Capacity in units45,000?Selling price to outside customers$86?Variable cost per unit$57?Fixed cost per unit (based on capacity)$15The company has a Transmission Division that needs 6,000 special heavy-duty connectors per year. The Connector Division's variable cost to manufacture and ship this special connector would be $62 per unit. Making these special connectors would require more manufacturing resources. Therefore, the Connector Division would have to reduce its production and sales of regular connectors to outside customers from 45,000 units per year to 38,400 units per year.Required:As far as the
Connector Division is concerned, what is the lowest acceptable transfer price for the special connectors? What will be an ideal response?