In January, Eddie contracts to sell 100 bushels of soybeans that fall. This contract:
a. is void. He cannot contract to sell a crop before it is even planted; the goods must be in existence.
b. is void. The soybeans must be identified to the contract at the time he contracts to sell them.
c. can be valid; but title to the soybeans cannot pass until the soybeans exist.
d. can be valid, and title to the soybeans passes when the contract is signed.
c
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Indicate whether the statement is true or false
Barrera Corporation provides the following financial information:
Calculate the target rate of return. (Round your answer to two decimal places.)
A) 21.41%
B) 78.67%
C) 27.23%
D) 61.84%
A company may set predetermined overhead rates based on normal, expected annual, or theoretical capacity. At the end of a period, the fixed overhead spending variance would
a. be the same regardless of the capacity level selected. b. be the largest if theoretical capacity had been selected. c. be the smallest if theoretical capacity had been selected. d. not occur if actual capacity were the same as the capacity level selected.
When compiling objects that call packaged program units, only the ____________________ is used for verification.
Fill in the blank(s) with the appropriate word(s).