Long-term investments in available-for-sale securities are reported at fair value on the balance sheet.

Answer the following statement true (T) or false (F)


True

Business

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In the database method of data management, access authority is maintained by systems programming

Indicate whether the statement is true or false

Business

The big problem a franchisor faces is

A. allowing franchisees to achieve scale economies. B. maintaining quality control due to a lack of commitment to consistency and standardization. C. eliminating the costs and risks associated with establishing a foreign business location. D. achieving higher product quality and better product performance than with an export strategy. E. sharing foreign facilities and marketing strategies with local businesses.

Business

Kofi Nkrumah ran a restaurant booth at a beach during the summer. He sold two cans of Zowie Cola to Iona Green, who gave one to her boyfriend, Dennis Vigay

When Dennis was almost finished drinking, he saw the partly decayed body of a mouse at the bottom of the can. He became violently ill. Which of the following is FALSE? A) Dennis can successfully sue Zowie and Kofi for negligence B) Kofi is not liable in contract to Dennis because he sold the pop to Iona. C) Kofi owed a duty of care to Dennis but did not breach it, since he could have no idea there was a mouse in the can. D) Dennis can sue Zowie in a products liability action. E) Ioan is not liable for Dennis's injuries

Business

John enters into a contract to paint Chad's house. When Chad decides on a color, John will buy the paint and paint the house for the price of $2,500 . Which of the following is true?

a. The common law of contracts governs because this is a mixed contract (one for services and goods). b. The common law of contracts governs because the predominant factor of the contract is for the sale of services and not goods. c. The Uniform Commercial Code governs because a sale of goods is involved. d. Both the common law and the Uniform Commercial Code will govern this contract.

Business