If Rudy offers Oscar $200 for his laptop valued at $600 and Oscar agrees, a court will probably:
a. set aside the agreement as being unfair.
b. set aside the agreement because the consideration is inadequate.
c. not set aside the agreement based on the adequacy of the consideration.
d. not set aside the agreement because of the UCC.
c
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Daily operations are assisted by ________-range forecasting
Fill in the blank with correct word.
In the OTC market, the ask price is the highest price offered by a dealer to purchase a given security
Indicate whether the statement is true or false
St. Vincent's, Inc., currently uses traditional costing procedures, applying $800,000 of overhead to products Beta and Zeta on the basis of direct labor hours. The company is considering a shift to activity-based costing and the creation of individual cost pools that will use direct labor hours (DLH), production setups (SU), and number of parts components (PC) as cost drivers. Data on the cost pools and respective driver volumes follow.ProductPool No.1 (Driver: DLH) Pool No. 2 (Driver: SU) Pool No. 3 (Driver: PC)Beta 1,200 45 2,250 Zeta 2,800 55 750 Pool Cost$160,000 $280,000 $360,000 The overhead cost allocated to Zeta by using activity-based costing procedures would be:
A. $240,000. B. $560,000. C. $356,000. D. $444,000. E. None of the answers is correct.
When you own shares in a mutual fund you make money in which of the following ways?
A) As the value of all of the securities held by the mutual fund increase, the value of each mutual fund share also increases. B) If a fund receives interest or dividends from its holdings this income is passed on to share holders. C) If the fund sells a security for more than it originally paid for it, the shareholders receive this in the form of capital gains. D) You receive a portion of the commissions that the fund manager charges for trades. E) Only A, B and C are correct.