If the act or threat would affect a person of average strength and intelligence, then and only then will the act constitute duress
Indicate whether the statement is true or false
False
You might also like to view...
Payroll entries are made with data from the
a. wage and tax statement b. employee's earning record c. employer's quarterly federal tax return d. payroll register
A department with a positive direct operating margin should always be discontinued
Indicate whether the statement is true or false
General economic conditions are considered elements of the legal environment
Indicate whether the statement is true or false
Office Systems Corporation manufactures and sells various high-tech office automation products. Two divisions of Office Systems Corporation are the Computer Chip Division and the Computer Division. The Computer Chip Division manufactures one product, a "super chip," that can be used by both the Computer Division and other external customers. The following information is available on this month's
operations in the Computer Chip Division: Selling price per chip $50 Variable costs per chip $20 Fixed production costs $60,000 Fixed SG&A costs $90,000 Monthly capacity 10,000 chips External sales 6,000 chips Internal sales 0 chips Presently, the Computer Division purchases no chips from the Computer Chips Division, but instead pays $45 to an external supplier for the 4,000 chips it needs each month. Refer to Office Systems Corporation. Two possible transfer prices (for 4,000 units) are under consideration by the two divisions: $35 and $40 . Corporate profits would be ____ if $35 is selected as the transfer price rather than $40. a. $20,000 larger b. $40,000 larger c. $20,000 smaller d. the same