An oral contract can be enforced only for the quantity of goods actually received and accepted by the buyer
Indicate whether the statement is true or false
T
You might also like to view...
A limited partnership permits investors who do not engage in management to share in the profits of the business without becoming personally liable for its debts.
Answer the following statement true (T) or false (F)
Which of the following statements best describes a whistle-blower?
A. A salesperson for a company finds out that a member of his softball team, who works for another firm, took some paper clips from that firm to use for his personal use and wants to report him. B. An employee criticizes his employer's finance personnel to his fellow co-workers for picking the wrong stocks in his retirement fund; they lost value last year due to a downturn in the stock market. C. An employee tells the Consumer Product Safety Commission his company falsified safety reports on a child's car seat. D. An employee is unhappy because his company is downsizing. E. An employee spends the afternoon at work studying for her test rather than counting inventory as she was supposed to be doing.
A private brand is a brand name developed by a wholesaler or retailer for their product
Indicate whether the statement is true or false.
According to the trade-off theory, optimal capital structure occurs when:
A. additional borrowing results in lower financial distress costs. B. additional borrowing is offset by the interest tax shield. C. the present value of the tax shield exceeds the value of the all-equity-financed firm. D. the tax savings from additional leverage are offset by the increased costs of distress.