The exception to the Statute of Frauds which allows an oral contract for the transfer of land to be
enforced, if the buyer has either paid for the land or taken possession of the land, is called the
________ exception.
A) Promissory estoppel B) Part performance
C) Equal dignity D) Parol evidence
B
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Which of the following is not true concerning the FASB and the IASB conceptual frameworks?
a. Both the FASB and the IASB rely on a conceptual framework to guide their standard-setting decisions. b. The conceptual framework is not a rigorous set of principles from which standard setters can logically deduce appropriate financial reporting standards. c. The purpose of a conceptual framework is to guide auditors' decisions in order to enhance the quality and consistency of the audits. d. The FASB and the IASB have separately developed their conceptual frameworks, and those frameworks are similar. e. The two standard-setting bodies are currently working to develop a common conceptual framework for financial reporting.
Carl, a partner at Bacrabs, an advertising agency, plans to open a branch of the agency in his hometown. He understands that the human resource (HR) requirements of the new branch would differ from that of its main office because of the differences in the nature and volume of work. Hence, he decides to examine what needs to be done in each position in the new branch according to the nature and volume of work. In the context of HR planning, which of the following concepts does this scenario best illustrate?
A. Internal recruitment B. Management development C. Employee selection D. Job analysis
19. Frequent travelers on airlines know one of the costs of traveling is damaged baggage, but they also know that each airline will either repair or replace any luggage damaged by its baggage handlers. The ability to count on this service in the event a handle is torn off or the side of a bag is gashed helps the airlines narrow provider ________ of the gaps model of service quality.
A. Gap 1 B. Gap 2 C. Gap 3 D. Gap 4
The Oviedo Thespians are planning to present performances of their Florida Revue on 2 consecutive nights in January. It will cost them $5,000 per night for theater rental, event insurance and professional musicians
The theater will also take 10% of gross ticket sales. How many tickets must they sell at $10.00 per ticket to raise $1,000 for their organization? A) 1000 tickets B) 1,112 tickets C) 1,223 tickets D) There is not enough information.