Vian Corp offered Ken Ng $300,000 if he would quit working for the rival Avar Ltd. and join Vian. Despite having 2 years left on his contract, Ken quit Avar and took his client lists with him and joined Vian
Ken has continued to contact his former Avar clients and Avar is furious. As a result which of the following statements is FALSE? Avar can
A) successfully sue Ken for breach of contract
B) successfully sue Vian for breach of contract
C) successfully sue Ken for breach of confidential information
D) successfully sue Vian for inducing breach of confidential information
E) seek pecuniary and punitive damages
B
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In the next planning period, a firm plans to change its policy of all cash sales and initiate a credit policy requiring payment within 30 days. The statements that will be directly affected immediately are the ________
A) pro forma income statement, balance sheet, and cash budget B) pro forma balance sheet and cash budget C) cash budget and statement of retained earnings D) pro forma income statement and pro forma balance sheet
A substitute check created under Check 21 is the legal equivalent of the original check and contains all the information contained on the original check
Indicate whether the statement is true or false
According to Incoterms, the trade term that represents the maximum responsibility of the seller is: A) Carriage and Insurance Paid To
B) Delivered Duty Paid. C) Ex Works. D) Delivered at Frontier. E)None of the above.