Tyron purchased a vacant lot and entered into a contract with BZ Inc to construct a shopping center on the site. Douglas heard about this contract and built a restaurant on an adjoining piece of property because of the planned shopping center. Tyron was unable to raise the necessary capital and was unable to perform the contract with BZ, Inc Douglas sued Tyron for breach of contract as a third
party beneficiary. Douglas will probably
a. win as a third party creditor beneficiary.
b. win as a third party donee beneficiary.
c. lose as a third party incidental beneficiary.
d. lose as a third party creditor beneficiary.
c
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Product costing systems in use over the last 40 years
a. concentrated on using multiple cost pools and cost drivers. b. were often technologically incapable of handling activity-based costing information. c. have generally been responsive to changes in the manufacturing environment. d. have been appropriate for managerial decision purposes as long as they met the requirements of generally accepted accounting principles.
The "Milk Life" advertising campaign, designed to increase awareness of the health benefits of milk, was intended to help market a(n)
A. firm. B. specific product. C. service. D. industry. E. organization.
Business ethics focuses on ethical behavior in the business world.
Answer the following statement true (T) or false (F)
Raw materials, buildings, and machinery are ____ resources.
A. human B. financial C. informational D. labor E. material