If a third party observes a fraud:
a. they cannot sue b. they can sue
c. they can sue, but not recover any damages
d. they can sue on the behalf of the injured party if they split the damage award with the injured party e. they can sue in some states, but not others
a
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An efficiency variance measures how well the business uses its materials or human resources
Indicate whether the statement is true or false
The remedy of reformation
A. applies only when money damages are inadequate. B. can be used to correct mistakes in the original contract. C. is available only if fraud is involved. D. is a commonly used remedy.
The payback period technique does not consider the time value of money.
Answer the following statement true (T) or false (F)
The spot exchange rate is the current rate at which one currency can be converted into another today
Indicate whether this statement is true or false.