If a court has determined that a person is mentally competent, any contract made by that person is void

Indicate whether the statement is true or false


False

Business

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The current balance sheet of Handyman Inc reports total assets of $20 million, total liabilities of $2 million, and owners' equity of $18 million. Handyman Inc is considering several financing possibilities in order to expand operations. What is the additional amount that Handyman Inc can borrow and not exceed a debt to equity ratio of 0.3?

a. $5.4 million b. $3.4 million c. $5.5 million d. $4.0 million

Business

Ongoing efforts to reduce costs, increase product quality, and/or improve production process once manufacturing has begun is known as

a. cost management. b. kaizen costing. c. target costing. d. life-cycle costing.

Business

What is the role of the WTO dispute settlement body?

A) to hear appeals on decisions made on a dispute B) to create panel reports on the findings of the dispute C) to hear the dispute from the plaintiff D) to review panel reports and adopt them if necessary

Business

The obligation organizations have to the preservation of ecological environment and to the general public is referred to as ________.

A. benefit marketing B. social responsibility C. profit responsibility D. societal responsibility E. stakeholder responsibility

Business