A contract for a sale of land from Bayside Properties, Inc, to City Development Corporation contains an erroneous legal description. The most appropriate remedy for these parties is
A) a quasi contract
B) reformation.
C) rescission.
D) specific performance.
B
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Which of the following statements regarding requirements for segment disclosures is most accurate?
a. Segment disclosures must include most of the items found in financial statements for the entire enterprise. b. Segment reporting is generally applied in a similar fashion in various companies, since the requirement are detailed and inflexible. c. Segment reporting requirements are so flexible that firms can often resist disclosing information they would prefer to keep confidential. d. Segment reporting is not required for any entities; the standards are concerned with determination of segment information if a company wishes to disclose it.
Which of the following statements describes a disadvantage that has traditionally set newspapers apart from other media?
A. Newspapers do not provide an advertiser with any creative flexibility. B. Newspapers may have overlapping circulation. C. Newspapers are ambiguous in scope. D. Newspapers are a passive medium. E. Newspaper readership is concentrated in time.
When using the ACE process during the interview process, during which step should a candidate target the job search?
A) Application B) Analysis C) Composing D) Competition E) Evaluating
An involuntary petition for bankruptcy can be filed against a:
a. non-profit charitable organization. b. partnership that invests in real estate. c. life insurance company. d. wheat farmer.