Even if a party has the power to avoid a contract for lack of capacity, duress, or undue influence, the party will lose that power by affirming the contract
Indicate whether the statement is true or false
True
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Bertram, Inc. had beginning and ending accounts payable balances of $400 and $450, respectively. Inventory had beginning and ending balances of $450 and $425, respectively. All inventory purchases are made on account. If cost of goods sold equaled $350, how much cash was spent to purchase inventory?
A. $250 B. $275 C. $400 D. $350
Employment trends in public relations indicate that ________
A) hiring of people from diverse cultures has decreased in the last decade B) entry-level practitioners frequently earn more than $100,000 per year C) fewer women than men are entering the field D) the long-term future of public relations appears to be steady and strong
Under what circumstances is the sum of variable production and selling costs the appropriate minimum price for special orders?
A company researches television ratings then sells the information to many firms. This firm conducts ___.
A) custom research B) secondary research C) syndicated research D) case study research E) exploratory research