Oral warranties made before the execution of a written agreement containing an express disclaimer are subject to the parol evidence rule
a. True
b. False
Indicate whether the statement is true or false
True
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QRC Company is trying to decide which one of two alternatives it will accept. The costs and revenues associated with each alternative are listed below: Alternative A Alternative BProjected revenue$62,500 $75,000 Unit-level costs 12,500 18,000 Batch-level costs 6,250 12,000 Product-level costs 7,500 8,500 Facility-level costs 5,000 6,250 What is the differential revenue for this decision?
A. $75,000 B. $62,500 C. $12,500 D. $25,000
Mike has an employee, Marvin, who has shown low job involvement but high organizational commitment. Which of the following is a possible intervention for Marvin?
A. focus on satisfaction with coworkers B. focus on working conditions C. focus on increasing organizational commitment D. focus on increasing pay
General partnerships that exist for more than ________ must have their general partnership agreement in writing under the Statute of Frauds in order to deal in real estate
A) six months B) 180 days C) five years D) one year
Murphy Corporation had originally purchased land for $38,000. It later sold it for $38,000 in cash. Which of the following is true of the effect of the sale of land on the accounting equation?
A) assets increase and liabilities decrease by $38,000 B) assets and equity increase by $76,000 C) assets increase by $38,000; equity increases by $38,000 D) the amount of total assets remains the same