Courts treat contracts of incompetents and intoxicated persons essentially the same, except they are stricter with intoxicated persons because of its voluntary nature
a. True
b. False
Indicate whether the statement is true or false
True
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All of the following statements about public relations are true except
A. media coverage generated by PR is seen as more credible than paid advertising. B. because of its high cost, the use of PR has waned in recent years. C. public relations activities often support other promotional efforts. D. PR has become increasingly important as costs of other forms of marketing communications continue to increase. E. consumers have become increasing skeptical of marketing claims made in conventional media.
When you begin to invest, it is best to start with what type of investments?
A) Difficult B) Retirement C) Savings D) Interest Free E) Simple
Which of the following accounts should be reviewed by the auditor to gain reasonable assurance that additions to property, plant, and equipment are not understated?
A. Cash. B. Depreciation. C. Repairs and maintenance. D. Accounts payable.
Stomberg Corporation has provided the following data concerning an investment project that it is considering: Initial investment$550,000 Annual cash flow $180,000per yearSalvage value at the end of the project 14,000 Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.The life of the project is 4 years. The company's discount rate is 10%. The net present value of the project is closest to:
A. $579,982 B. $29,982 C. $184,000 D. $20,420