A gratuitous assignment is rendered irrevocable if, prior to the attempted revocation, the assignee:
A) receives payment of the claim from the obligor.
B) obtains a judgment against the obligor.
C) Neither of these. A gratuitous assignment is always revocable.
D) Both of these.
D
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Firms do not use LIFO because it
a. produces a cost of goods sold figure based on more recent purchase prices. b. results in lower net income. c. results in reduced tax payments. d. matches the actual flow of goods. e. all of the above
When royalties are paid, the amount paid is reported to the recipient by the payer on a Form 1099-MISC.
Answer the following statement true (T) or false (F)
Firms spend millions of dollars annually to build brand equity, recognizing that brand equity contributes to
A. profitability. B. corporate stakeholder relations. C. brand liability. D. product mix breadth. E. perceived brand personality.
In Jones v. Clinton, the court held that A)Paula Jones did not demonstrate the essential elements for her claim
B)Paula Jones was entitled to a summary judgment. C)the case be dismissed because of the President's governmental position. D)President Clinton failed to comply with a discovery order.