In the sentence Belinda updated her Facebook status, the verb updated is ____
A) transitive
B) intransitive
C) linking
D) helping
A
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A simple situation in which two parties come together and freely agree to an exchange is only prima facie ethically legitimate because:
A. certain conditions must be met before it can be concluded that autonomy has been respected and mutual benefit has been achieved. B. it rejects the assumption that individuals are capable of pursuing their own ends. C. it involves the consent of both parties involved and leaves no room for unethical acts. D. research studies prove that a simple exchange does not involve unethical situations.
In Vagias v. Woodmont Properties, Vagias wanted to buy a house in Montville. He told his real estate agent that he wanted to buy in that location because of the school district's reputation. The agent showed him a house in a development called "Woodmont Court at Montville." Vagias asked if the house was within the jurisdictional limits of Montville. The agent and a representative for the builder, neither of whom were familiar with the township boundaries, assured him it was within the city limits. Vagias bought the house but was unable to enroll his son in the school district because the property was outside the city limits. Vagias sued, claiming he paid a premium for the house based on the school district's reputation. The homebuilder argued that the misrepresentations were
unintentional and that Vagias did not suffer a loss in the value of his home. The court held that A. Woodmont was liable because the real estate agent showed Vagias a house that did not meet his requests. B. Woodmont was not liable because the New Jersey Consumer Fraud Act does not apply to real estate. C. Woodmont was not liable because the misrepresentation was not intentional. D. Woodmont was liable because the location of the house was the basis of the bargain and the misrepresentation was affirmative, thus meeting the requirements of the New Jersey Consumer Fraud Act.
Fairchild Company acquired a building valued at $210,000 for property tax purposes in exchange for 6,000 shares of its $10 par common stock. The stock is widely traded and selling for $31 per share. At what amount should the building be recorded by Fairchild Company?
a. $210,000 b. $60,000 c. $186,000 d. $150,000
XO = XT + XS + XR represents the pure score model
Indicate whether the statement is true or false