Which installation is also known as pilot installation?
A) Direct installation
B) Phased installation
C) Parallel installation
D) Single-location installation
D
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The quality of accounting information that allows a user to analyze two or more companies and look for similarities and differences is known as understandability
a. True b. False Indicate whether the statement is true or false
Durable products normally require less personal selling and service and less seller guarantees than nondurable goods
Indicate whether the statement is true or false
In the unaided open-ended format, there is a response probe in the form of a follow-up question, instructing the interviewer to ask for additional information
Indicate whether the statement is true or false
Stelwire LLC, a vintage car dealer, advertises the sale of a 1964 Ford Thunderbolt. Ralph responds to the advertisement with an offer of $80,000 for the car. Stelwire signs a written assurance to keep that offer open to Ralph for a fortnight
Five days before the fortnight is up, Stelwire sells the car to another buyer. At the end of the fortnight period, Ralph tenders $80,000 for the car, but the car has already been sold. Ralph then buys the same model car from another dealer for $90,000 and sues Stelwire for breach of contract. The court rules that Stelwire is liable to Ralph for breach of contract and orders Stelwire to pay Ralph the difference of $10,000 he paid extra to the second dealer for the car. What was the nature of the contract between Ralph and Stelwire? A) counteroffer B) open terms contract C) option contract D) lease contract