Generally, a unilateral mistake affords the mistaken party a right to relief from the contract
Indicate whether the statement is true or false
F
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Which of these is not a requirement of internal mechanisms for reporting wrongdoing within an organization?
A. They must allow anonymity. B. They must report to legal authorities. C. They must protect the rights of the accused. D. They must be effective.
Sapphire Company reported the following information for the year 2014: Sales revenue of $280,000; cost of goods sold of $100,000; selling expenses of $40,000; administrative expenses of $35,000; depreciation of $25,000; interest expense of $8,000; and income tax expense of $28,000 . All sales were made for cash and all expenses (other than depreciation and bond premium amortization of $2,000)
were paid in cash. All current assets and current liabilities remained unchanged. How much cash was provided by operations for Sapphire Company during 2014? a. $44,000 b. $69,000 c. $67,000 d. $71,000
Which of the following does not reflect an open systems perspective?
a. Systems are not isolated but interact with their environment constantly b. Relationships are largely linear and can be broken down into cause and effect c. Individuals in the system may have different views of it d. A system seeks equilibrium and doesn’t change unless energy is applied
To avoid charges of discrimination or wrongful actions, legal advisors recommend that organizations write employment rejection letters that are ________
A) as specific as possible B) written using the direct strategy C) general, simple, and short D) form letters