Qiana writes a check to Payday Loans, Inc, in an amount that represents half of her debt to the lender. On the back of the check, Qiana includes the words "payment in full.". Payday agrees to accept the lesser sum and cashes the check. This dis¬charges the entire debt
a. if the debt is liquidated.
b. if the debt is past due.
c. if the debt is unliquidated.
d. under no circumstances.
C
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The process of _____ enables organizations to plan and carefully design their global sites to cater to local needs and preferences.
A. globalization B. localization C. socialization D. glocalization
Answer the following statements true (T) or false (F)
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Prowse Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per MonthVariable Element per Well ServicedRevenue $4,000Employee salaries and wages$43,800 $1,000Servicing materials $600Other expenses$38,200 A total of 42 wells were actually serviced during October.The total expenses in the flexible budget for October would have been closest to:
A. $130,029 B. $141,200 C. $147,600 D. $149,200