Phoebe enters into a contract with Everest for a guided tour of Whitewater Canyon. Everest acts as though he is an experienced, knowledgeable guide, when in reality he has never been in the canyon. Phoebe is most likely a victim of
A) undue influence
B) fraud.
C) mistake.
D) nothing.
B
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[APPENDIX] Debbie and Alex formed a new partnership. The partnership agreement specified that income should be allocated in a 2-to-1 ratio, with Debbie receiving the larger portion. If revenue for the first year was $90,000 and expenses were $60,000, how much would be allocated to each partner?
a. Debbie—$45,000; Alex—$45,000 b. Debbie—$20,000; Alex—$10,000 c. Debbie—$60,000; Alex—$30,000 d. Debbie—$40,000; Alex—$20,000
When blogging, which of the following should take place during the planning stage of the writing process?
A) Evaluating the content and readability B) Proofreading to correct errors C) Post using the blogging system's tools D) Adding a newsfeed option E) Identifying the scope
Use the cost information below for Sundar Company to determine the cost of goods manufactured during the current year: Direct materials used$19,000 Direct labor used 24,500 Factory overhead 55,100 Beginning work in process inventory 10,700 Ending work in process inventory 11,300
A. $98,000. B. $43,500. C. $42,900. D. $79,000. E. $98,600.
What are three significant cost drivers that have been disregarded by traditional product costing system?