The terms of the offer need to be vague and indefinite so that the parties can perform the
contract based on the circumstances that arise.
Indicate whether the statement is true or false
FALSE
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A check for $235 is incorrectly recorded by a company as $253 . On the bank reconciliation the $18 error should be
a. deducted from the balance per books. b. added to the balance per bank. c. deducted from the balance per bank. d. added to the balance per books.
Lana owned a house used as a rental property for three years. During this rental period, she took $60,000 of depreciation deductions. Lana moved into the house and has used it as her principal residence for the past two years. Lana has just sold the house and realized a $200,000 gain. She will recognize gain of
A. $144,000. B. $200,000. C. $60,000. D. $0.
Effective service recovery efforts can lead to all of the following except
A. increased dependence on technology to prevent future service failures. B. lower levels of satisfaction than prior to the service failures. C. increased customer satisfaction. D. increased purchase intentions. E. increased positive word of mouth.
Most companies are well suited to allow for successful completion of projects in conjunction with other ongoing corporate activities
Indicate whether the statement is true or false