In the Keser v. Chagnon case, the Colorado court found that disaffirmance two months after reaching majority was within a reasonable time and that, since Chagnon had obtained the contract by false representation of his age, he could not recover his full consideration upon disaffirmance
a. True
b. False
Indicate whether the statement is true or false
True
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With the effective interest method of amortization, the amortization of bond premium results in a(n)
a. increase in stockholders' equity. b. no change in stockholders' equity. c. increase in interest expense. d. decrease in interest expense.
Under the Convention on Contracts for the International Sale of Goods (CISG), an offer becomes effective when:
a. the offeror sends it. b. it reaches the offeree. c. the offeree reads it. d. the offeree replies.
The Sherman Act, the Clayton Act and the Federal Trade Commission Act are all examples of legislation designed to curb anticompetitive business practices
a. True b. False Indicate whether the statement is true or false
___________ is one of the key factors in effective teams.
a. Building trust b. A good leader c. Clear rules d. A goal handed down from upper management