Under which circumstances has the buyer accepted goods?
A. A shipment of goods was delivered to Kamala, who immediately picked up the box from her porch and placed it on her dining-room table.
B. Peter received a shipment of 100 toy soldiers on Monday; by the end of the week, he had already sold half of them.
C. Goods were delivered to Lao-tzu, who told the seller that he had received them; two days later, Lao-tzu informed the seller that, upon inspection, the goods were not conforming.
D. None of these are correct.
Answer: B
You might also like to view...
The accountant of Action Adventure Games prepared a balance sheet after every 10-day period. The only resources invested by the stockholder were at the start of the company on June 1. During June, the first month of operation, the following balance sheets were prepared:ACTION ADVENTURE GAMESBalance SheetJune 10Assets?Equity?Cash……………………..$60,000Common stock……………..$60,000Total assets………………$60,000Total liabilities and equity…$60,000ACTION ADVENTURE GAMESBalance SheetJune 20 Assets?Liabilities?Cash……………………. $48,000Notes payable……. $18,000Land……………………. 10,000Equity?Building…………………20,000Common stock…..60,000Total assets…………..$78,000Total liabilities and equity$78,000ACTION
ADVENTURE GAMESBalance SheetJune 30Assets?Liabilities?Cash……………………. $51,000Accounts payable….$2,000Office supplies…………2,000Notes payable……. 18,000Land……………………. 10,000Equity?Building…………………20,000Common stock…..60,000??Retained earnings3,000Total assets…………..$83,000Total liabilities and equity$83,000Required: Describe the nature of each of the four transactions that took place between the balance sheet dates shown. Assume only one transaction affected each account.June???10??20??30???? What will be an ideal response?
To determine the actual cost of using debt, a firm must adjust its bonds' average yield to maturity for the fact that _____.
A. interest payments on debt represent taxable income to the firm B. interest payments on debt represent a tax deductible expense to the firm C. the average yield to maturity on its debt is a positive return that the firm receives (earns) D. the average yield to maturity on the firm's debt determines the tax rate that it pays on its operating income E. the firm's bondholders do not have to pay taxes on the interest they receive from the firm
Whether or not an attribute is required is determined during the database modeling phase
Indicate whether the statement is true or false
An entry wedge is a type of entrepreneurial strategy firms can use to enter into business.
Answer the following statement true (T) or false (F)