Which of the following would likely give rise to a quasi-contract?
A. an employee receiving his or her paycheck monthly
B. two companies signing a business agreement of indefinite duration
C. an unconscious man being treated in a hospital emergency room
D. a woman hiring a caterer only after the caterer promises to deliver the food on time
Answer: C
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The United States benefits from outsourcing in all of the following ways EXCEPT
a. reduced costs and increased competitiveness for American producers. b. new exports for American producers. c. repatriated earnings into the American economy. d. less tax revenue for the American government.
The last step in the accounting cycle is to prepare the financial statements
Indicate whether the statement is true or false
When auditing only a single financial statement or a specific element, account, or item of a financial statement, the auditor will have a better understanding of the entity than if the auditor audited the entity's complete set of financial statements
a. True b. False Indicate whether the statement is true or false
In most cases, the total sales quota for a salesperson is:
A. based on new accounts. B. set by the sales manager. C. the same for all salespeople in the company. D. set by the individual salesperson. E. fluctuating and flexible.