Under the concept of ______, only the original parties to a sales contract could sue each other.?
A) exclusivity of contract
B) privity of contract.
C) privacy of contract.
D) priority of contract.
B
You might also like to view...
Which of the following is a key advantage of the Net Present Value metric for evaluating an IT initiative?
A. It relates estimates using accrual accounting. B. It is easy to calculate. C. It is sensitive to the discount rate applied. D. It considers the time value of money.
Adriana Graphic Design receives $1,500 from a client billed in a previous month for services provided. Which of the following general journal entries will Adriana Graphic Design make to record this transaction?
A.
| Accounts Receivable | 1,500 | |
| Unearned Design Revenue | 1,500 |
B.
| Cash | 1,500 | |
| Unearned Design Revenue | 1,500 |
C.
| Accounts Payable | 1,500 | |
| Design Revenue | 1,500 |
D.
| Accounts Receivable | 1,500 | |
| Cash | 1,500 |
E.
| Cash | 1,500 | |
| Accounts Receivable | 1,500 |
According to the text, the search for new product ideas should most likely be ________
A) intermittent B) holistic C) segmented D) compartmentalized E) flexible
Which of the following terms is correctly paired with its description?
A. A process is a collection of interrelated tasks that convert specific inputs into specific outputs. B. A process design is the most cost-effective way to convert locally available resources into products for the international market. C. A process is also known as a project. D. A process design is the most cost-effective way to be in compliance with government regulations.