Which of the following is a contract with a condition subsequent?
a. Rhonda enters into a contract to buy a new car conditional upon her getting a loan from her bank.
b. Roger bought a VCR but he may return the VCR within ten days and get all of his money back.
c. Both (a) and (b) are examples of a condition subsequent.
d. Neither (a) nor (b) is an example of a condition subsequent.
b
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Land costing $140,000 was sold for $173,000 cash. The gain on the sale was reported on the income statement asother income. On the statement of cash flows, what amount should be reported as an investing activity from thesale of land?
a. $173,000 b. $140,000 c. $313,000 d. $33,000
Which of the following companies has not been doomed by technological shifts?
a. Blockbuster b. IBM c. Borders d. Chicago Tribune
How can you use reinforcement theory to facilitate learning?
What will be an ideal response?
A retailer takes 4 days to process an order and the supplier takes 12 days to deliver merchandise. The retailer should begin to order merchandise how many days before the old inventory runs out?
a. 3 days b. 4 days c. 16 days d. 48 days