Bill and Charlene enter into a contract for the clearing, plowing, and preparing of Charlene's 100-acre tract for which she agrees to pay $1,000. Bill transfers his duty under this contract to Dewey. Dewey is
A) a delegatee
B) an assignee.
C) anobligee.
D) a delegator.
A
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Under International Financial Reporting Standards (IFRS), which of the following statements regarding the lower-of-cost-or-market rule is incorrect?
A) It is not necessary to record inventory at the lower-of-cost-or-market. B) The market value is defined as net realizable value. C) If the historical cost is higher than the net realizable value, the inventory must be written down. D) The IFRS approach results in fewer write-downs of inventory than U.S. GAAP.
Which foreign country has successfully used face-to-face street solicitations for fund-raising?
A. China B. Japan C. Ethiopia D. Australia
Would an employee with cancer be covered under the Americans with Disability Act? Which functions are expected to be carried on by the employee?
What will be an ideal response?
How do input-based definitions of high-tech differ from output-based definitions?
a. Input-based definitions are based on expert's input/opinion while output-based definitions are based on the type of product sold. b. Input-based definitions are post-hoc and output-based definitions omit some important new industries. c. Both input-based and output-based definitions provide solid ranking of high-technology industries. d. Input-based definitions are based on criteria such as the number of technical employees while output-based definitions are based on whether the product embodies leading-eduge technologies. e. Input-based definitions tend to be preferred to output based definition.