Goodwill can be recorded as an asset when a(n)
a. business has above normal profitability compared to other businesses in its industry.
b. business can determine that it has created customer goodwill and name recognition.
c. offer is received to purchase the business at a price in excess of the value of the assets.
d. business is purchased and payment is made in excess of the value of the net assets.
d
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The Code does not label the warranty of title as an implied warranty, despite the fact that it arises out of the sale and not from the words or conduct of the parties
Indicate whether the statement is true or false
According to the "General Model of Job Design" perceived job content leads to job performance.
Answer the following statement true (T) or false (F)
In Deschamps v. Treasure State Trailer Court, Ltd. where Deschamps was sued after he bought a mobile home trailer park and then stopped making payments on it because he claimed the seller told him the water system was in good condition when in fact it required $400,000 of repairs, the supreme court of Montana held that:
a. Deschamps had to make the full payment because his claims of reliance on verbal information were barred under the parol evidence rule b. Deschamps did not have to make the full payment because his claims of reliance on verbal information were barred under the parol evidence rule c. Deschamps should not have to make the full payment because there was a lack of agreement in the contract d. Deschamps should not have to make the full payment because there was a lack of consideration in thecontract e. the original contract was void
If A --> B and B --> A are existing functional dependencies, which of the following are NOT equivalent functional dependencies?
A) A --> B and B --> A B) A --> B, X and B --> A, X C) X --> A and A --> B D) X, A --> B, X and X, B --> A, X