A draft involves two parties, the drawer and the payee
Indicate whether the statement is true or false
F
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Cooper Co makes and uses 5,000 components each year in its manufacturing operations. An outside supplier has offered to supply the components to Anderson at $66 per unit. Anderson's production costs are as follows: Direct materials $ 8 Direct labor 32 Variable overhead 12 Fixed overhead (based on normal capacity) 34 If Cooper accepts the order, $8 of fixed overhead per unit will be eliminated
What is the relevant cost to produce one unit? A) $52 B) $60 C) $78 D) $86
‘Low technology’ sectors have innovated typically by adopting new technological solutions from innovators elsewhere. In markets such as eyesight testing, how far can small, independent providers adopt the same technologies to compete with the national chains? How can they compete more effectively in other ways?
What will be an ideal response?
Universal jurisdiction pertains to:
a. countries' violations of treaty provisions. b. the ICJ's power to hear disputes between nations. c. any country's power to prosecute crimes against humanity. d. None of the above
When Looking Glass Corporation wishes to issue certain securities, it must provide sufficient information for Alice, and other unsophisticated investors, to evaluate the financial risk involved. Specifically, the law imposes liability for making a false statement or omission that is "material." What sort of information would Alice consider material?
What will be an ideal response?