The contract between the buyer and the seller may expressly limit or exclude consequential damages so long as the contract is not unconscionable
a. True
b. False
Indicate whether the statement is true or false
True
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The Federal Insurance Contribution Act (FICA) requires all employers to withhold certain amounts from employees' earnings for Social Security and Medicare programs
Indicate whether the statement is true or false
An appropriate mix of evidence for a low risk client could include 20% tests of details, 40% analytics, and 40% tests of controls; an appropriate mix of evidence for a high risk client could include 60% tests of details, 20% analytics, and 20% tests of controls
a. True b. False Indicate whether the statement is true or false
The digital age is only relevant to new ventures if they sell items online.
Answer the following statement true (T) or false (F)
Suppose that Lenny Lawyer enters into an agreement with Cindy Client that his fee will be a percentage of the recovery Lenny obtains for Cindy in her pending divorce. State law makes such a contingency fee arrangement illegal in divorce actions. What will be the probable outcome if Lenny attempts to enforce the agreement?
a. The contract will be valid. Cindy would not have been able to afford an attorney otherwise and therefore Lenny was doing a public service. b. The contract will be voidable at Cindy's option. c. The contract will be void as violating a statute. Lenny will not be able to recover anything. d. The contract will be unenforceable if Lenny did not get the agreement in writing.