________ occurs if a person is deceived as to the nature of his or her act and does not know what he or she is signing
A) Fraud in the inducement
B) Fraud in the factum
C) Fraud by concealment
D) Fraud by suppression
B
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Dividends on ________ stock, if not paid in any year, will be payable later when funds are available.
A. cumulative preferred B. cumulative to the extent earned C. noncumulative preferred D. participating preferred
In traditional product-costing systems, the measure of productive activity is usually some volume-based cost driver, like direct-labor hours.
Answer the following statement true (T) or false (F)
Brown, Inc owed one of its creditors $350,000, but it did not have enough cash to repay the debt
Following lengthy negotiations, the parties agreed that Brown, Inc would issue 50,000 shares of common stock to settle the debt. On the statement of cash flows, this transaction is shown in the ________. A) investing activities section B) financing activities section C) operating activities section D) non-cash investing and financing activities section
In the history of the United States, over 200 judges have been removed from the office of federal judge
a. True b. False Indicate whether the statement is true or false