For an action to be called fraudulent, all of the following conditions are required except
a. poor judgment
b. false representation
c. intent to deceive
d. injury or loss
A
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A favorable business climate in facility location decision making might include local government intervention to facilitate businesses locating in an area via subsidies.
Answer the following statement true (T) or false (F)
Excerpts from Sydner Corporation's most recent balance sheet appear below: Year 2Year 1Current assets: Cash$140 $160 Accounts receivable, net 210 230 Inventory 240 200 Prepaid expenses 10 10 Total current assets$ 600 $ 600 Total current liabilities$ 360 $ 330 Sales on account in Year 2 amounted to $1,390 and the cost of goods sold was $900.The working capital at the end of Year 2 is:
A. $240 B. $880 C. $1,000 D. $600
According to the text, companies controlled by other companies (known as parent companies) through ownership of enough voting stock to elect a majority of the voting members on the company's board of directors are known as:
A. virtual organizations. B. international companies. C. subsidiaries. D. networked organizations. E. affiliates.
A clause in an agreement states: "There are no representations or warranties except as expressed herein in writing." What is the name for the type of clause?
A) Disclaimer B) Exemption clause C) Venue clause D) Entire agreement clause E) Choice of law clause