A person who rescinds a contract must:
A. return everything that he received from the other party.
B. offer to return everything that he received from the other party.
C. return 50% of the items that he received from the other party.
D. return nothing.
Answer: B
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Indicate whether the statement is true or false
Which of the following is irrelevant when deciding to upgrade a company's heating and air conditioning system?
A) the energy efficiency of the old equipment versus the energy efficiency of the new equipment B) the safety of the new equipment compared to the old equipment C) the purchase price of the old equipment D) the productivity of the old equipment compared to that of the new equipment
Subtraction of total operating expenses from sales yields:
a. net income. b. gross margin. c. operating profit. d. all of the above e. none of the above
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