Bradley buys a television set that turns out to be stolen. He can sue the seller for breach of warranty
Indicate whether the statement is true or false
True
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Which of the following statements is/are correct?
I.Terry's divorce decree provides that his ex-wife is to pay him alimony of $500 per month until their son reaches age 18 or dies, at which time the payment will be reduced to $300. Terry recognizes $300 of alimony income each month.II.Jerry is the manager of Northgate apartments. He is required to live in an apartment in the complex that normally rents for $600 per month. Jerry must recognize $600 per month as income from his management job.III.Lorraine's aunt dies during the current year. The aunt's $20,000 life insurance policy names Lorraine as the beneficiary. Lorraine receives $20,000 from the policy in December. Lorraine must include the $20,000 in her gross income.IV.Helen receives a teaching assistantship from the music department that pays her $300 per month. Helen must work as a lab assistant 15 hours per week. Helen's total direct education costs are $9,000. Helen includes the $300 per month in her income.? A. Statements I and IV are correct. B. Statements II and III are correct. C. Statements II and IV are correct. D. Statements I and III are correct.
According to Herzberg, which of the following is an example of a motivating factor?
A. Pay B. The work itself C. Working conditions D. Company policy E. Supervisors
A foreign key in a database table is always:
A. A unique identifier for a record in that table. B. A primary key in a related table. C. A numeric field. D. The name of a UML class.
The balance in Allowance for Uncollectible Accounts is a credit of $450 . If the uncollectible accounts for the period have been calculated under the allowance method to be $12,300, what entry is then recorded?
a. Debit Allowance for Uncollectible Accounts, $11,850, credit Uncollectible Accounts Expense, $11,850 b. Debit Uncollectible Accounts Expense, $11,850; credit Allowance for Uncollectible Accounts, $11,850 c. Debit Allowance for Uncollectible Accounts, $12,300; credit Uncollectible Accounts Expense, $12,300 d. Debit Uncollectible Accounts Expense, $12,300; credit Allowance for Uncollectible Accounts, $12,300