Which of the following statements is true?
A) Restoration is what a minor is entitled to receive upon disaffirming a contract.
B) Restitution is placing the other party back in the position it was in prior to the contract.
C) Revocation refers to a party returning the consideration received in a contract.
D) Rejection can occur only as part of a counteroffer.
B
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Keri Marten has opened a day care center for children aged one to six. She seeks the assistance of local pediatricians in identifying those in need of her services. Identify the method of prospecting utilized by Keri.
A. Endless chain B. Group C. Cold canvas D. Center of influence E. Public exhibition
All of the following occur with a double-entry accounting system except:
A) The accounting equation remains in balance. B) The sum of all debits is always equal to the sum of all credits in each journal entry. C) Each business transaction will have only two entries. D) Every transaction affects at least two accounts.
Only a customer or a person authorized to draw on an account can order a bank not to pay a check when it is presented for payment.
Answer the following statement true (T) or false (F)
The highest numbered latitude used in the geographic grid is _________ degree.
A - 365 B - 90 C - 100 D - 180 E - 360