Intoxicated, Clio agrees to sell her restaurant, Diners Café, to Evan for half of its real market value. This deal is most likely void if
A) Clio appeared intoxicated to Evan
B) ?Clio disaffirms the contract after becoming sober.
C) ?Clio was so intoxicated as to have no memory of the deal.
D) Evan fraudulently induced Clio to become intoxicated.
D
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An example of a cash inflow from operating activities is
a. net income. b. issuance of preferred stock. c. buying and selling debt and equity securities. d. lending money and collecting the principal on the related loans.
When a partnership is liquidated, the assets are sold, the liabilities are paid, and any remaining cash and/or other assets are distributed to the partners
Indicate whether the statement is true or false
Positive feelings are more likely to lead the parties toward more distributive processes.
Answer the following statement true (T) or false (F)
Charlie's Hotdog Stand Charlie's Hotdog Stand sells hotdogs for $2.50 each. The variable costs per hotdog are $.50. Charlie's fixed costs are currently $800 per month. Charlie is considering expanding his business to three hotdog stands which will increase fixed costs per month by $1,200. Refer to the Charlie's Hotdog Stand information above. If Charlie does expand his business to three stands,
how many hotdogs will need to be sold per month in order to earn a target profit of $5,000? A) 2,500 hotdogs B) 3,100 hotdogs C) 3,500 hotdogs D) 2,800 hotdogs