After passage of a week, the buyer of six crates of strawberries will be deemed to have accepted the goods
a. True
b. False
Indicate whether the statement is true or false
True
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The basic thing the courts require for the creation of an offer is a future intent to contract on the part of the offeror.
Answer the following statement true (T) or false (F)
The net amount a firm would receive if it sold an asset or the net amount it would pay to settle a liability is referred to as
a. current replacement cost b. net realizable value c. current cost d. acquisition cost
A performance report should contain cost or revenue items that the manager receiving the report can control
Indicate whether the statement is true or false
A check that has a full endorsement can be further endorsed by any bearer and, therefore, is not as safe as a check with a blank endorsement.
Answer the following statement true (T) or false (F)