An excessive price for the goods and unequal bargaining power can indicate to a court that a sales contract is unconscionable.

Answer the following statement true (T) or false (F)


True

Business

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The purchase of an asset on account with a partial down payment results in all of the following EXCEPT:

a. an increase in an asset account. b. a decrease in the Cash account. c. a balanced accounting equation. d. an increase in a liability account. e. an increase in owner's equity.

Business

The term ________ refers to an action by a buyer or lessor to recover scarce goods wrongfully withheld by a seller or lessor

A) revocation B) replevin C) accommodation D) damages

Business

Which form of entry into a foreign market requires the greatest commitment?

A. licensing B. direct investment C. direct exporting D. joint venture E. indirect exporting

Business

The criminal charges involving Peanut Corporation of America relating to Salmonella:

a. Involve both insiders and an outside food broker. b. Are likely to be dismissed because of lack of proof. c. Involve criminal fraud. d. Both a and c

Business