A contract that is so extremely unfair to one of the parties as to "shock the conscience" of the court is said to be ____________________
Fill in the blank(s) with correct word
unconscionable
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A post-closing trial balance should include only the balances of the real or permanent accounts
Indicate whether the statement is true or false
With a limited work force and a desire to maintain strong internal control, which combination of duties performed by a single individual presents the least risk exposure?
a. maintaining the inventory ledger and recording the inventory journal voucher in the general ledger b. recording the inventory journal voucher in the general ledger and maintaining custody of inventory c. maintaining the cash disbursements journal and recording direct labor costs applied to specific jobs d. preparing the accounts payable journal voucher and recording it in the general ledger
Ava works in a call center, the more calls she makes, the higher the chance of closing a sale, leading to greater financial compensation. This is an example of which intermittent reinforcement schedule?
What will be an ideal response?
Under which of the following circumstances would a court exercise powers conferred by the oppression remedy given in the Canada Business Corporations Act?
A) When the company is being dissolved B) When there is a takeover bid C) When one shareholder has taken advantage of another D) When there is an application to pierce the corporate veil E) In cases where the directors have breached a fiduciary duty owed to the company