Transcontinental Tours, a U.S. firm, and Victoria Hotels, Ltd., a Canadian firm, enter into a contract that does not have a forum-selection or choice-of-law clause. Litigation between Transcontinental and Victoria over a dispute involving this contract may occur in
a. Canada only.
b. Canada or the United States, but not both.
c. Canada, the United States, or both.
d. the United States only.
C
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Royer Corporation engaged in this transaction: Purchased treasury stock with cash. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows
a. Financing activities section b. Investing activities section c. Does not represent a cash flow d. Operating activities section
On October 1, Year 1, Hartford Company issued a $20,000 face value discount note. The note had a 6% discount rate and a one-year term to maturity. Which of the following would be included in the adjusting entry, dated December 31, Year 1, to recognize interest accrued since the issuance date?
A. A credit to Interest Payable for $300 B. A debit to Interest Expense for $300 C. A debit to Discount on Notes Payable of $300 D. none of these answer choices are correct.
There are how many leader behaviors in the adaptive leadership model?
A. 2 B. 3 C. 4 D. 6
Which of the following defenses may be raised by an accountant under Section 11 of the 1933 Securities Act?
a. Privity and due diligence. b. Privity, but not due diligence. c. Due diligence, but not privity. d. Neither privity nor due diligence.