Contracts in which one party agrees to buy all his requirements of certain goods from the other party are generally unenforceable because there is no definite amount
a. True
b. False
Indicate whether the statement is true or false
False
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The statistical approaches to determining sample size are based on confidence intervals
Indicate whether the statement is true or false
The United States follows the principle of restricted immunity for suits against foreign nations
Indicate whether the statement is true or false
Because it makes managers responsible for how they spend company money, a compensation scorecard can cloud the transparency of how people are rewarded.
Answer the following statement true (T) or false (F)
[The following information applies to the questions displayed below.]Farmer Company purchased equipment on January 1, Year 1 for $82,000. The machines are estimated to have a 5-year life and a salvage value of $4,000. The company uses the straight-line method.At the beginning of Year 4, Farmer revised the expected life to eight years. What is the annual amount of depreciation expense for each of the remaining years in the machine's life?
A. $3,900 B. $4,400 C. $6,240 D. $7,040