Ron, a minor, goes to the hospital for treatment of the flu. On the new-patient form Ron signs, he agrees to pay for any care or treatment he receives. When billed for the treatment
a. Ron must pay for the value of the benefit he received, because medical care is a necessary.
b. Ron must pay for the benefit he received because the contract is fully executory.
c. Ron must pay for the benefit he received because he ratified the contract.
d. Ron does not have to pay for the benefit he received.
a
You might also like to view...
Which of the following is an effective way to deal with change and innovation?
A. Insist on success and punish failure. B. Offer different explanations for the change to different work groups. C. Hold closely to established methods of getting the job done. D. Innovate by varying existing products that are already on the market. E. Have the courage to follow your ideas.
This symbol, when used with a registered trademark or service mark, puts others on notice that the mark is registered and that federal lawsuits may be brought to protect the mark.
A. ® B. © C. TM D. SM
Modified integrative bargaining is a term used to describe a process of negotiations where:
A. integrative bargaining is tried first and, if it fails, distributive bargaining takes place B. distributive bargaining occurs first and, if it fails, integrative bargaining takes place C. one or both parties says they will try integrative bargaining but don't really apply the principles D. integrative bargaining tactics are used simultaneously with distributive bargaining tactics
X Corporation owns 80 percent of Y Corporation's common stock and 40 percent of Z Corporation's common stock. Additionally, Y Corporation owns 35 percent of Z Corporation's common stock. The acquisitions were made at book values. The following information is available for 20X8: XYZOperating Income$100,000 $50,000 $25,000 Dividends declared 30,000 20,000 10,000 Based on the information provided, what amount of income will be assigned to the controlling interest in the 20X8 consolidated income statement?
A. $130,750 B. $150,000 C. $157,000 D. $141,250