Which one of the fixed asset accounts listed below will not have a related contra asset account?
A) Office Equipment
B) Land
C) Delivery Equipment
D) Building
B
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Which of the following is a characteristic of internal hardware sources?
a. costs are mainly fixed b. management and staff are provided c. additional capacity may be available d. costs are mostly variable
A key issue is global patent protection for software. Although copyright law protects the computer code, it does not apply to the idea embodied in the software
Indicate whether the statement is true or false
Which of the following is true about unilateral mistakes?
A. The court will grant relief even if the person's own negligence is the cause of his or her mistake. B. The basic rule is that it is grounds for rescission only if both parties to the agreement are acting under a mistaken belief. C. The plaintiff needs to promptly notify the defendant when a mistake is discovered. D. The court does not grant rescission even if the mistaken party is slightly negligent.
The economic environment component of the environmental context is comprised of purchasing power, gross income, disposable income, discretionary income, prices, savings, credit availability, and general economic conditions
Indicate whether the statement is true or false