The element of a contract that states the parties must be adults of sound mind is consent

Indicate whether the statement is true or false


False

Business

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Dan had been nominated for a seminar on how to be a better manager. The night before the seminar, he had to stay up all night because his daughter was unwell. During the seminar, he was unable to listen attentively to the speaker due to concerns about his daughter's health. In this scenario, Dan's listening was affected by:

A. internal noise. B. external noise. C. red noise. D. flicker noise.

Business

Planned value, actual cost, and break-even analysis are three variables used extensively in organizations to calculate variances

Indicate whether the statement is true or false

Business

High Step Shoes, had annual revenues of $185,000, expenses of $103,700, and paid dividends of $18,000 during the current year. The retained earnings account before closing had a balance of $297,000. The ending retained earnings balance after closing is:

A. $378,300 B. $360,300 C. $63,300 D. $185,000 E. $81,300

Business

The U.S. government is concerned that terrorists might try to crash a vehicle loaded with explosives into a U.S. embassy in a foreign country. Inside the gate to the embassy, they installed steel and cement posts in the road

These posts can be raised up from the ground to form a barrier against suicide bombers. The posts can be lowered back into the ground to allow safe vehicles to pass. This physical barrier system illustrates which risk management technique? A) risk avoidance B) insurance transfer C) loss prevention D) noninsurance transfer

Business