If a contract that was lacking in consideration is performed by the parties, the parties cannot subsequently assert lack of consideration to undo the performed contract
Indicate whether the statement is true or false
TRUE
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Under the_____________method, the amount of cash paid to suppliers of inventory is shown as a deduction in the operating activities category of the cash flow statement
Fill in the blank(s) with correct word
Identify a true statement about the impact of organizational culture on staffing decisions.
A. Prospective employees generally do not consider an organization's culture when applying for a position and tend to focus on factors such as wages and benefits. B. Hiring has been proven to be most productive when managers select employees who fit a specific profile or their organization's cultural values. C. Research shows that employees last longer in organizations that emphasize work-task values over organizations that emphasize interpersonal relationship values. D. Employees whose values are consistent with their organization's values are more likely to be productive than employees whose values are inconsistent with the organization's values.
A limited liability company is a citizen of every state in which it does business.
Answer the following statement true (T) or false (F)
Most people achieve comfortable retirements by postponing saving until after age 50, when they are able to save a large amount on a regular basis
Indicate whether this statement is true or false.