Ready Repair Service enters into a contract to fix washers and dryers in Scrub n' Dry Company's coin-operated laundries. If Ready Repair breaches the contract, Scrub n' Dry can
A) ?do nothing but make a deal with a different service provider

B) do nothing but temporarily suspend operations and wait.
C) file a criminal complaint against Ready Repair.
D) sue Ready Repair for damages.


D

Business

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Which statement is not true?

a. The journal voucher is the only source of input into the general ledger. b. A journal voucher can be used to represent summaries of similar transactions or a single unique transaction. c. Journal vouchers are not used to make adjusting entries and closing entries in the general ledger. d. Journal vouchers offer a degree of control against unauthorized general ledger entries.

Business

Identify and describe barriers to effective communication.

What will be an ideal response?

Business

Tangible personal property includes securities, patents, trademarks, and copyrights

Indicate whether the statement is true or false

Business

Byron bought a 50' yacht from Myrtle's Marina by entering into a note and security agreement promising the yacht as collateral for the purchase money security interest. When Byron faced some tough financial times, he failed to make three monthly payments. Myrtle's Marina repossessed the yacht by removing the yacht engine and advertised a public auction of the yacht. Byron appealed to his good

friend Charles and managed to pay off the debt balance and the Marina's expenses of repossessing and advertising the sale. Byron's actions represent a. strict foreclosure. b. redemption. c. silent bidding at the auction. d. an artisan's lien.

Business