A will is required to be in writing only if real property is being transferred

Indicate whether the statement is true or false


False

Business

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Marcy has received a special order for 2,000 units of its product at a special price of $60. The product normally sells for $80 and has the following manufacturing costs:  Per unitDirect materials $24Direct labor  16Variable manufacturing overhead  12Fixed manufacturing overhead  20Unit cost $72Assume that Marcy has sufficient capacity to fill the order without harming normal production and sales and all fixed overhead is unavoidable. a. If Marcy accepts the order, what effect will the order have on the company's short-term profit?b. What minimum price should Marcy charge to achieve a $20,000 incremental profit?c. Now assume Marcy is currently operating at full capacity and cannot fill the order without harming normal production and sales. If Marcy accepts the order, what

effect will the order have on the company's short-term profit? What will be an ideal response?

Business

Which of the following is not common law?

A. Conspiracy doctrine. B. Breach of contract. C. Property rights. D. Antitrust laws.

Business

Which of the following questions is more likely to be asked by the firm's managers as opposed to the firm's financial lenders or potential investors?

A) How should we finance firm improvements and investments? B) Should we continue to lend money to this firm? C) Should we buy equity in this firm? D) What are the accounts receivable policies for the firm?

Business

Term life insurance provides protection for a specified amount of time; typically 1-30 years

Indicate whether this statement is true or false.

Business