Finn and Glenda want to form and do business as Hobby Crafts Corporation. A corporation is
A) a natural person
B) a tangible thing.
C) an artificial being.
D) a visible contemplation.
C
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Under the Uniform Commercial Code (UCC), a sales contract can be created:
A. when the offeror forms subjective intent to contract. B. in any manner sufficient to show agreement. C. when the contract contains the price terms. D. if the contract is reduced to writing.
Telemarketing is an example of a direct marketing method
Indicate whether the statement is true or false
An audit program is created to specify which of the following?
a. The type of audit opinion to be rendered based upon procedures performed. b. The audit procedures that will be performed every year for the client. c. How an auditor should think while performing audit procedures. d. Audit objectives and procedures to be followed during the audit process.
A majority decision is precedent for later cases
Indicate whether the statement is true or false