Fungible goods are goods that are different naturally, by agreement, or by trade usage
Indicate whether the statement is true or false
F
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In the selection stage of an interview, your best approach is to
A) stick to brief yes and no answers to the interview questions. B) relate your training and experience to the organization's needs. C) inquire about salary and benefits. D) press for an immediate decision on whether or not to hire you. E) call the employer to explain what the organization does and how you can help support those goals.
Events or transactions occurring after the balance sheet date and before the audit report date, can be useful in identifying and evaluating the reasonableness of estimates
a. True b. False Indicate whether the statement is true or false
Universal life
A) combines term protection and cash value buildup in one convenient policy. B) typically offers a better return on the cash value buildup than traditional whole life policies. C) permits the insured to vary premium payments within certain limits. D) does all of the above.
Bond and Spear orally agreed that Bond would buy a car from Spear for $475 . Bond paid Spear a $100 deposit. The next day, Spear received an offer of $575, the car's fair market value. Spear immediately notified Bond that Spear would not sell the car to Bond and returned Bond's $100 . If Bond sues Spear and Spear defends on the basis of the statute of frauds, Bond will probably:
a. Lose, because the agreement was for less than the fair market value of the car. b. Win, because the agreement was for less than $500. c. Lose, because the agreement was not in writing and signed by Spear. d. Win, because Bond paid a deposit.