Courts will enforce contracts for the benefit of all but which of the following?
a. Donee beneficiaries.
b. Creditor beneficiaries.
c. Incidental beneficiaries.
d. Intended beneficiaries.
c
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Temporary differences that will cause taxable income in future periods to be lower than pre-tax book income in future periods give rise to:
A. deferred tax liabilities. B. permanent differences. C. expense. D. deferred tax assets.
Sales reps might have better insight into developing trends than any other group, and forecasting might give them greater confidence in their sales quotas and more incentive to achieve them
Indicate whether the statement is true or false
Taylor Company is considering whether or not to replace a drill press that is several years old. The current market value of the old equipment is an opportunity cost of replacing the drill press.
Answer the following statement true (T) or false (F)
The long-run average cost (LRAC) curve indicates the ________
A) per unit cost of output in the long run B) projected total production costs of competitors C) variable costs incurred by a firm over time D) fixed costs incurred by a firm over the long term E) number of units the market will buy in a given time period, at different prices that might be charged