In contract states, an implied contract can be used to establish the contract requirement
Indicate whether the statement is true or false
True
You might also like to view...
What was the main argument of FASB Interpretation 3?
a. ERISA did not create a pension liability except in the likelihood of plan termination. b. The cost of providing pension benefits should be spread over the remaining service life of employees. c. Pension expense should be computed using any one of five acceptable accumulated benefit methods, regardless of cash contributions. d. The balance sheet should report unfunded vested benefits.
An equity trust is
A) a contractual agreement to buy common stock. B) a REIT that specializes in mortgage lending. C) a mutual fund that holds REIT shares. D) a REIT that invests in real estate properties.
Briefly describe the "4As" framework of execution capability.
What will be an ideal response?
Paige applies to work for Quibbling & Company. Reece applies for admittance to State University. As part of their applications, Paige and Reece are asked to divulge their social media passwords. Legislation that protects individuals from having to disclose their social media passwords has been enacted in
a. no states. b. most states but not by the federal government. c. all states and by the federal government. d. four states.