Contracts that are implied in law:
A) are obligations imposed by law on grounds of justice and equity.
B) are intended to prevent unjust enrichment.
C) do not rest upon the assent of the contracting parties.
D) All of these.
D
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If a check of the customer master data shows that the goods requested on a customer order are not in stock, an exception routine called a back order is initiated
Indicate whether the statement is true or false
The analysis of short-term liquidity risk requires an understanding of the _________________________ of a firm
Fill in the blank(s) with correct word
Acquisition and disposition of trading securities are usually financing activities
Indicate whether the statement is true or false
An example of a chain retailer performing a wholesaling function is _____
a. gaining exclusive rights to sell certain items b. introducing private brands, such as Sears' Kenmore c. using point-of-sale equipment to determine inventory levels d. buying directly from suppliers