The most accurate statement regarding economic duress is:

a. it is never grounds for rescission.
b. it is always grounds for rescission.
c. it is a UCC concept only.
d. it may be grounds for rescission.


d

Business

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The retail method of inventory is preferred by businesses such as department and clothing stores because they compute inventory values at wholesale prices

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

Business

Moonbeam Gift Shop's inventory turned over six times during the year. Similar gift shops have an inventory turnover equal to twelve times per year. What explains Moonbeam's state of inventory management?

a. Moonbeam sold too much inventory during the year. b. Moonbeam needs to increase sales and decrease the amount of inventory on hand. c. Moonbeam is performing twice as well as its competitors. d. Moonbeam should increase the amount of goods on hand to accommodate the additional inventory demand.

Business

The topic of a person's writing project may require input of people from several disciplines

Indicate whether the statement is true or false

Business

Pronouns (and nouns) showing ownership are in the ________

a. objective case b. possessive case

Business