Which of the following contractual defenses are not available to those parties involved in surety relationships?

A) The nonexistence of the principal debtor's obligation
B) Discharge of the principal debtor's obligation
C) Modification of the principal debtor's contract
D) Change in the surety's financial assets


D

Business

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External auditors can cooperate with and use evidence gathered by internal audit departments that are organizationally independent and that report to the Audit Committee of the Board of Directors

Indicate whether the statement is true or false

Business

________ are distinguished by the fact that the researcher can randomly assign test units to experimental groups and also randomly assign treatments to experimental groups

A) Preexperimental designs B) True experimental designs C) Quasi-experimental designs D) Statistical designs E) Concurrent designs

Business

The country-of-origin effect is always positive in a customer's perception.

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

Business

Tom breached a sales contract to purchase goods from Jim. In addition to other remedies available, Jim may be able to recover commercially reasonable expenses incurred as a result of the breach. These expenses are:

a. incidental damages. b. punitive damages. c. liquidated damages. d. extraordinary damages.

Business