According to the U.S. Bureau of Labor Statistics, by 2018, about one in four members of the labor force will be
a. Hispanic. c. age 55 or older.
b. African American. d. female.
C
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The use of arbitration in employment-related situations can be considered unfair because it is the employers who often select the arbitrators.
Answer the following statement true (T) or false (F)
Under the doctrine of commercial impracticability, which situation would NOT excuse the seller's performance?
a. The seller forgot to include the cost of freight in a C&F contract. b. The seller's source of supply is no longer available because of a governmental embargo prohibiting an export from another country. c. The seller cannot deliver because severe flooding wiped out three-fourths of the state's produce. d. The seller's workforce is out on an unexpected strike.
The Garrett Company uses the perpetual inventory system. The company's records showed a book balance of $18,000 in the Merchandise Inventory account, and a physical count finds only $16,250 of inventory. Which of the following indicates the effect of the necessary write-down entry? Asset=Liab.+Stk.EquityRev.-Exp.=Net Inc.Stmt ofCash FlowsA.(1,750) NA (1,750)NA 1,750 (1,750)NAB.NA 1,750 (1,750)NA 1,750 (1,750)NAC.16,250 NA 16,25016,250 NA 16,25016,250 IAD.(18,000) NA (18,000)(18,000) NA (18,000)NA
A. Option A B. Option B C. Option C D. Option D
Goods must be of the highest quality possible to be merchantable
a. True b. False Indicate whether the statement is true or false