If a minor buys an item and then disaffirms the contract, and a court orders the minor to merely

return the item it its present condition in order to get a refund, this minor has the duty of:

A) Restoration. B) Restitution.
C) Revocation. D) Resuscitation.


A

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The cost of goods sold for a company for the year was $1,900,000 . Merchandise inventory at the beginning of the year was $125,000 and merchandise inventory at the end of the year was $133,000 . The merchandise inventory turnover for the year was

a. 0.1. b. 14.7. c. 33.8. d. 65.5.

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______________is a dynamic relationship based on mutual influence and common purpose.

a. Leadership b. Management c. Supervision d. None of the above

Business

________ advertising occurs when a consumer is "unjustifiably injured" or there is a "violation of public policy."

A. Corrective B. Unfair C. Comparative D. Deceptive E. Pro bono

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Oscar, Inc, a manufacturer of gift articles, uses a single plantwide rate to allocate indirect costs with machine hours as the allocation base

Estimated overhead costs for the year are $5,000,000. Estimated machine hours are 40,000. During the year, the actual machine hours used were 45,000. Calculate the predetermined overhead allocation rate. (Round your answer to the nearest dollar.) A) $111 B) $91 C) $125 D) $63

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