Roc buys a farm from Steve, who claims that it would be a prime site for a housing subdivision. Roc later learns that the law does not permit the land to be used for housing. Roc may

A. not rescind the contract.
B. rescind the contract only if Roc did not know the law before the deal.
C. rescind the contract only if Steve knew about the law before the deal.
D. rescind the contract only if the law is not common knowledge.


Answer: A

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Mary, a 68-year-old widow, hired an electrician to make some wiring repairs to her home. The

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When preparing an unadjusted trial balance using a periodic inventory system, the amount shown for Merchandise Inventory is:

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When you find an outlier on the SSG graph, you should immediately eliminate the stock for that company as a potential purchase.

Answer the following statement true (T) or false (F)

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