A person would be liable to the rightful owner of stolen property for conversion even though the person bought it in good faith from the thief and without knowledge that it had been stolen

Indicate whether the statement is true or false


True

Business

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Stanfield Equipment sells new tractors and pays each salesperson a commission of $1,000 for each tractor sold. During the month of August, a salesperson, Jason, sold 3 new tractors. Stanfield pays Jason on the 10th day of the month following the sale. Jason operates on the cash basis; the tractor dealer operates on the accrual basis. Which of the following statements is true?

a. Jason will recognize commission revenue earned in the amount of $3,000 in August. b. Stanfield will recognize commission expense in the amount of $3,000 in August. c. Jason will recognize commission expense in the amount of $3,000 in September. d. Jason will recognize revenue in the same month that the tractor dealer recognizes expense.

Business

When developing content for a website, the writer should start with vague or general information and move to more specific information by using embedded links

Indicate whether the statement is true or false.

Business

What kind of growth strategy is Procter and Gamble pursuing as it ventures into services such as Tide Dry Cleaners and Mr. Clean Car Washes?

Fill in the blank(s) with the appropriate word(s).

Business

Gregory, a comedy writer, entered into a contract with Wessel, a comedian. The contract provided that Gregory would provide Wessel with a 15-minute monologue for his upcoming appearance on Comedy Hour and that Wessel would pay Gregory $250. All

performers on Comedy Hour make $500 per appearance. As Gregory knows, the last time Wessel appeared on Comedy Hour he was asked to make special guest appearances at three local comedy clubs using the same monologue. He earned a total of $750 for the three performances. Shortly before Wessel was scheduled to appear on Comedy Hour, Gregory informed him that he was unable to provide the monologue. As a result, Wessel was forced to cancel his appearance. Wessel sued Gregory for breach of contract and requested damages of $1,250. What will result?

Business