If a principal ratifies a contract without knowing all of the facts, the principal can rescind the contract.?
Indicate whether the statement is true or false
True
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The Girl Scouts introduced a cookie finder app in 2013. In the context of change drivers impacting the future of marketing, this reflects the ________.
A. shift to justifying the relevance and payback of the marketing investment B. shift in generational values and preferences C. shift to product glut and customer shortage D. shift in power from marketer to customer E. shift to distinguishing Marketing (Big M) from marketing (little m)
Which of the following is the MOST accurate statement regarding economic duress?
a. It is never grounds for rescission. b. It is always grounds for rescission. c. It is a UCC concept only. d. It may be grounds for rescission.
An operating segment is a component of a company
A. that engages in business activities to earn revenues and incur expenses. B. whose operating results are regularly reviewed by the company's chief operating officer for budgeting and evaluation purposes. C. for which financial information is available. D. All of these types of companies would have an operating segment as a component.
Acceptable methods of assigning specific costs to inventory and cost of goods sold include all of the following except:
A. LIFO method. B. Weighted average method. C. Retail method. D. Specific identification method. E. FIFO method.