Specific performance is a remedy at law that is used to obtain goods that are unique, such as art
or antiques from a seller who fails to deliver the goods to the buyer.
Indicate whether the statement is true or false
FALSE
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For notes payable issued in one period and due in the following period, accrued interest payable must be recorded at the end of the period
a. True b. False Indicate whether the statement is true or false
Where would you categorize weaknesses in a SWOT analysis?
A. External, helpful B. External, harmful C. Internal, helpful D. Internal, harmful
Katherine was born in 1970. She is environmentally conscious and media-savvy. She is most likely to be a member of which generational group?
A. baby boomer generation B. GI generation C. Generation X D. silent generation E. Generation Y
Which of the following would result in a credit to retained earnings?
A) a net loss for the period B) an understatement of an expense in a prior period C) a stock split D) an understatement of a revenue in the prior period