In a bilateral contract, the offeree's promise is the acceptance

Indicate whether the statement is true or false


T

Business

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If the December 31, 2016, balance of accounts payable is higher than the January 1, 2016, balance, then the amount of cash payments will exceed the purchases on account for the year

a. True b. False Indicate whether the statement is true or false

Business

To prevail in an action for trade dress infringement, a plaintiff must prove that its trade dress is distinctive and nonfunctional and the defendant's trade dress is confusingly similar to the plaintiff's

Indicate whether the statement is true or false

Business

Which of the following statements about organizational socialization isĀ false?

A. There is no set way to "onboard" new employees. B. Socialization begins before an employee actually joins an organization. C. The entire socialization process may range from a few weeks to a year to complete. D. Socialization can take longer for one person than another, depending on individual differences. E. Research shows that realistic job previews do not help reduce turnover.

Business

Mike and Rose are married and file jointly. Mike earns $45,000 from wages and Rose reports $450 on her Schedule C as an artist. Since Mike's work does not offer health insurance, Rose pays the following health insurance premiums from her business account:

Family health insurance $9,500 Family dental insurance 1,000 How much can Mike and Rose deduct as self-employed health insurance?

Business