Carl, a contractor, and Lyle, a landowner, have a contract whereby Carl is to perform routine construction services according to the blueprints that Lyle has provided. Carl assigns the contract to David, a developer. As a result of this assignment:
a. Lyle can bring suit based upon detrimental reliance.
b. Carl has no more rights or responsibilities with regard to the contract.
c. Carl no longer has any rights under the contract, but he remains responsible for the duties he agreed to perform.
d. Carl has all of his rights under the contract, but he has no responsibility for the performance of the duties.
c
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Accumulated Depreciation
a. increases assets. b. decreases assets. c. increases liabilities. d. decreases liabilities.
A reference group includes one or more people whom a person uses as a basis of comparison for beliefs, feelings, and behaviors.
Answer the following statement true (T) or false (F)
Raven Company has a target of $70,000 pre-tax income. The contribution margin ratio is 30%. What amount of dollar sales must be achieved to reach the goal if fixed costs are $36,000?
A. $36,000. B. $420,000. C. $353,333. D. $23,333. E. $300,000.
The shared perceptions of employees regarding an organizations policies, procedure, and practices is referred to as _______________
a. Organizational culture b. Organizational environment c. Organizational climate d. Organizational values