An innocent party does not need to suffer an injury to collect damages as a result of a misrepresentation

a. True
b. False
Indicate whether the statement is true or false


False

Business

You might also like to view...

Rent expense in Volusia Company's 2016 income statement is $420,000 . If Prepaid Rent was $70,000 at December 31, 2015, and is $95,000 at December 31, 2016, the cash paid for rent during 2016 is:

a. $480,000 b. $445,000 c. $395,000 d. $420,000

Business

Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased 200 shares of its common stock on May 1 for $10,000. On July 1, it reissued 100 of these shares at $52 per share. On August 1, it reissued the remaining treasury shares at $49 per share. What is the balance in the Paid-in Capital, Treasury Stock account on August 2?

A. $10,100. B. $0. C. $100. D. $10,200. E. $5200.

Business

Under the Treaty Clause, both the federal government and state governments can enter into treaties with foreign nations

Indicate whether the statement is true or false

Business

Answer the following statement(s) true (T) or false (F)

Successful global start-ups, or entrepreneurial businesses that are "born global," surprisingly often lack internationally experienced management.

Business