Consideration is defined as a bargained-for exchange of promises in which a legal detriment is suffered by the promisee
Indicate whether the statement is true or false
TRUE
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Cost of goods sold is a type of expense
Indicate whether the statement is true or false
Stored value cards function as debit cards
Indicate whether the statement is true or false
Partners have ________ authority to act on behalf of the partnership with regard to actions in the ordinary course of business.
A. accrued B. actual C. fiduciary D. express
Which of the following statements is a characteristic of apprenticeship training?
A. It involves workers learning many job skills so they are more versatile. B. It blends on-the-job training with learning of theory in the classroom. C. It combines education at a school or college with on-the-job training at a cooperating business. D. It is used specifically for prospective managerial employees for marketing positions.