There is no minimum monetary requirement for lawsuits involving a federal question
a. True
b. False
Indicate whether the statement is true or false
True
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If the company purchased a $60,000 piece of equipment by paying $30,000 and having the rest financed with a short-term note from the bank, then immediately after this transaction what is the expected impact on the components of the current ratio?
A. Current assets increase. B. Current assets decrease and current liabilities increase by the same amount. C. Current liabilities decrease. D. Current assets and current liabilities decrease by the same amount.
Which of the following is primarily a value driver?
A. complements B. economies of scope C. cost of input factors D. experience-curve effects
Product advertising refers to selling an idea about a company to consumers.
Answer the following statement true (T) or false (F)
As it pertains to consideration, which of the following constitutes value?
A. an illusory promise B. a preexisting duty C. a forbearance D. All of these are correct.