How is the doctrine of unconscionability related to public policy?

A) The doctrine of unconscionability is based on public policy.
B) All contracts contrary to public policy are considered unconscionable.
C) Both are used to save a contracting party from a bad bargain.
D) Both are very distinctly defined by law.


A

Business

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An increase in a revenue account may reflect an increase in an asset account

a. True b. False Indicate whether the statement is true or false

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When testing cash balances at the balance sheet date, the auditor foots the bank reconciliation and traces its reported book balance to the trial balance and its bank balance to the standard confirmation. Which of the following assertions is being tested with these procedures?

a. Rights. b. Valuation. c. Existence. d. All of the above.

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One way a firm can structure its supply chains is ______.

A. to outsource component manufacturing to third-party contractors B. to exit the industry C. to divest the supply chain part of its business D. to follow international protocols

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One advantage of impairment testing is that it focuses on off-duty behavior rather than workplace conduct.

Answer the following statement true (T) or false (F)

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