Teresa tells her son Noah that she will give him her car when she finds a new job, provided that he get all As in his classes this semester. Teresa's finding a new job is __________, and Noah's grades are __________.
A. a condition precedent; a condition precedent
B. a condition subsequent; not a condition
C. not a condition; a condition precedent
D. a condition subsequent; a condition subsequent
Answer: A
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Which fundamental characteristic is an ingredient of faithful representation?
A) predictive value B) confirmatory value C) timeliness D) neutrality
Joan Lane took her white satin wedding dress, trimmed with beads and sequins, to a dry cleaner
When Joan questioned why she had to sign a receipt, the clerk told her that this form exempted the cleaner from liability for damage to the beads and sequins. In fact, the clause read: "The company is not responsible for any damage, however caused." When Joan picked up the dress, the beads and sequins were fine, but there was a large stain on the satin. Joan sues. Can the cleaner rely on this exemption clause? A) Yes. Even interpreting it strictly against the cleaner, "any damage" includes damage to the satin. B) No. The clerk made a misrepresentation as to the effect of the clause. C) No. There has been a fundamental breach of this contract by the cleaner. D) Yes. The clerk specifically brought the clause to Joan's attention before she signed. E) Both B and C
A private, not-for-profit hospital received a contribution of $40,000 on June 15, 20X8. The donor restricted the contribution to funding research activities currently being performed by the hospital. For the year ended December 31, 20X8, the hospital spent $30,000 of the contribution on research activities. The hospital expended the remaining $10,000 on research activities in January of 20X9.Refer to the above information. On the statement of cash flows prepared for the year ended December 31, 20X8, the events described would increase net cash flows provided by:
A. operating activities by $40,000. B. financing activities by $40,000. C. operating activities by $10,000. D. financing activities by $10,000.
Describe and provide examples of four different strategies for reaching global markets.
What will be an ideal response?