In negotiating the purchase of a vehicle, the sales representative told Karla, "I guarantee that you will be personally satisfied with this car." The guarantee was written on the contract when Karla purchased the car. If a controversy arises over Karla's satisfaction, the court will apply a subjective standard, which means Karla's judgment must be reasonable
a. True
b. False
Indicate whether the statement is true or false
False
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Stockton Co received advance payments from customers during 2017 of $6,000 . At December 31, 2016, $1,300 of the advance payments still had not been earned. After the adjustments are recorded and posted at December 31, 2016, what will the balances be in the Unearned Book Revenue and Book Revenue accounts? Unearned Book Revenue Book Revenue
a. $1,300 $6,000 b. $1,300 $4,700 c. $6,000 $1,300 d. None of these choices
When writing collaboratively, it is often more effective to writing as a group, ensuring all collaborators are following the same format
Indicate whether the statement is true or false.
Firms with high levels of operating leverage experience which of the following in comparison to firms with low levels of operating leverage
a. Higher levels of risk in operations. b. Lower expected rates of return. c. Lower variability in returns on assets. d. Higher sales.
Counter suggestions are not very effective for premium products.
Answer the following statement true (T) or false (F)