Candace enters into a contract to pay Parker for a business survey and review of Candace's competitors, which Parker delivers on June 1. Candace's offer, on the same date, to pay Parker is
A. tandem.
B. tonnage.
C. tender.
D. tinder.
Answer: C
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Auditors are responsible for having the appropriate competence and capabilities to perform the audit, should comply with ethical requirements, and maintain professional skepticism throughout the audit
a. True b. False Indicate whether the statement is true or false
Which of the following is true of tort liability of a general partnership?
A. Only the partner who committed the tort is liable. B. Under the UPA, general partners have joint, but not several, liability for torts committed in the course and scope of the partnership. C. A partner can be sued even if he or she did not participate in the commission of the tort. D. If one of the partners in the partnership is released, the other partners are discharged of liability.
Emily runs a children's clothing boutique which takes in local homemade items on a consignment basis. Her standard form contract indicates that Emily has the right to put items on sale without prior approval, but does not specify what effect the sale has on the consignor's payment percentage. Her intent is to keep the same profit she would have had without the sale. She is using ambiguity in her
contract to increase her sales and profit. a. True b. False Indicate whether the statement is true or false
The process by which a company produces finished goods or services is known as:
a. operations b. production c. manufacturing d. computer-aided manufacturing e. flexible manufacturing systems