Under Incoterms, a sale on terms "DDP" represents the minimum responsibility of the seller and the maximum responsibility of the buyer
Indicate whether the statement is true or false
False
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On January 1, 2016, Kathy Corp leased equipment by signing a five-year lease that required five payments of $60,000 due on December 31 of each year. Kathy has a 9% cost of capital and capitalized the lease on January 1, 2016, in the amount of $233,379. As of December 31, 2016, what amount is reported as the current portion of the lease obligation?
A) $60,000 B) $46,331 C) $42,506 D) $13,669
Any activity that uses some form of electronic communication in the inventory, exchange, advertisement, distribution, and payment of goods and services is referred to as ________.
A. electronic exchange B. Internet barter C. electronic commerce D. extranet trade E. intranet exchange
A person who steals a car from the driveway of a family who is on vacation is guilty of robbery
Indicate whether the statement is true or false
Which of the following is true regarding the relationship between law and ethics?
a. The law attempts to prohibit all "bad" behavior. b. An action that is unethical is also considered illegal in the U.S. c. The law prohibits all "morally objectionable" behavior. d. An action that is unethical may nonetheless be legal.