What is the principle of comity? What conditions must usually exist for the principle to be applied?
Under the principle of comity, a court will enforce another country's judgments under certain conditions. Usually, three conditions must be met: (1) reciprocity must be extended between the countries (i.e., the countries have agreed to mutually honor each other's court decisions, usually by way of a treaty); (2) proper notice is given to the defendant; and (3) the foreign court's judgment does not violate domestic statutes or treaty obligations. U.S. courts, however, generally do not require reciprocity in order to honor foreign judgments.
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Which of the following is usually not part of an ERP's core applications?
a. OLTP applications b. sales and distribution applications c. business planning applications d. OLAP applications
A sentence reads "The students who arrive late for the examination will be penalized." In this sentence, the relative pronoun is _____
A. students B. late C. arrive D. who
Only the federal government imposes a tax on the estate of a person who dies
Indicate whether the statement is true or false
Tat Corporation produces a single product and has the following cost structure: Number of units produced each year 7,000Variable costs per unit: Direct materials$77Direct labor$89Variable manufacturing overhead$5Variable selling and administrative expenses$3Fixed costs per year: Fixed manufacturing overhead$532,000Fixed selling and administrative expenses$574,000The unit product cost under absorption costing is:
A. $171 per unit B. $332 per unit C. $247 per unit D. $166 per unit