Noel and Lyle have a contract whereby Noel is to perform routine construction services according to the blueprints that Lyle has provided. Noel assigns the contract to David. As a result of this assignment:
A) Lyle can bring suit based upon detrimental reliance.
B) Noel has no more rights or responsibilities with regard to the contract.
C) Noel no longer has any rights under the contract, but he remains responsible for the duties he agreed to perform.
D) Noel has all of his rights under the contract, but he has no responsibility for the performance of the duties.
C
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Which statement is true concerning gains and losses?
a. Gains and losses are reported on the balance sheet in the Assets and Liabilities sections, respectively. b. Gains and losses are special types of revenues and liabilities that are reported on the income statement. c. The amounts of gains and losses are included in the calculation of the current ratio, in the numerator and denominator, respectively. d. None of these choices.
Answer the questions below on the basis of the following data. Actual Expected inflation inflation Point A:2% 2% Point B:4% 4% Point C:2% 4% Point D:4% 2% a.Suppose the equation describing the Phillips curve is ? = ?e? 2(U? 5). For each of the points: A, B, C, and D, calculate the unemployment rate. b.Based on the equation in part a, what is the numerical value of the natural rate of unemployment?
What will be an ideal response?
A channel system should enhance customer value by increasing customer benefits, lowering customer cost of purchase, or both
Indicate whether the statement is true or false
The ability to pay debts when they come due is
a. leverage; b. profitability; c. liquidity; d. marketability; e. none of these.