The Uniform Electronic Transactions Act, which has been adopted by all of the states and the District of Columbia, gives full effect to electronic contracts and develops a uniform legal framework for their implementation
a. True
b. False
Indicate whether the statement is true or false
False
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On the variable costing income statement, the difference between the "contribution margin" and "income before income taxes" is equal to
a. the total variable costs. b. the Cost of Goods Sold. c. total fixed costs. d. the gross margin.
Owen and Pablo enter into a contract for a sale of fifty Western saddles. Pablo pays, but Owen does not deliver. Pablo can normally recover as damages the difference between A) any loss avoided and any profit gained
B) the actual price and the hoped-for price. C) the contract price and the market price. D) the current prices in the parties' locations.
After receiving reports from the police or other investigators prosecutors:
a. decide whether or not to bring charges b. decide who is guilty c. decide how much the guilty party should be fined d. decide who will represent the plaintiff e. none of the other choices are correct
Since the debt of a government is subject to a legal debt limit, there cannot be any legal overlapping debt.
Answer the following statement true (T) or false (F)