A title for goods obtained by a seller through fraud, impersonation, or a dishonored check is referred to as a(n) ________.
A. unenforceable title
B. voidable title
C. conditional title
D. unequivocal title
Answer: B
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Facility location analysis considers the competitive imperative of a favorable business climate as indicated by the presence of other companies in the same industry.
Answer the following statement true (T) or false (F)
The following information is provided by the Ferrara Corporation: Beginning retained earnings $ 50,000 Ending retained earnings 70,000 Dividends declared and paid 10,000 Revenue 50,000 Calculate Ferrara Corporation's expenses
a. $20,000 b. $30,000 c. $40,000 d. Cannot tell from the information provided.
Charm City Electric is a regulated monopoly providing electric services in a large city. Property, plant, and equipment dominate the asset side of the balance sheet. Which of the following is/are true?
a. It relies more on long-term debt than shareholders' equity to finance these facilities. b. It may a debt-equity ratio of 100% or more. c. The regulated monopoly status practically eliminates the risk of default or bankruptcy, so Charm City Electric faces a relatively low borrowing cost. d. Charm City Electric's production and transmission facilities can serve as collateral for the long-term. e. all of the above
With respect to buyer-seller relationships in business markets,
A. some customers simply are not interested in a close relationship with a supplier. B. relationships benefit sellers, but not customers. C. customer firms are better off selecting suppliers with competitive bids rather than establishing a relationship with a single vendor. D. None of these answers is correct.