The full endorsement is the safest endorsement of a check.
Answer the following statement true (T) or false (F)
False
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From the combination journal, the total of the Cash Debit column is posted as one amount to the credit side of the Cash account and the total of the Cash Credit column is posted as one amount to the debit side of the Cash account
a. True b. False Indicate whether the statement is true or false
Which theory describes motivation as a function of an individual’s beliefs concerning effort-to-performance relationships, work-outcome relationships, and the desirability of various work outcomes?
A. goal-setting theory B. ERG theory C. two-factor theory D. expectancy theory
Chuck Daniels Auto acquired a hydraulic lift on August 1, 2018. The lift cost $165,000, had an estimated useful life of 10 years and a residual value of $16,500 at the end of its useful life. What amount of depreciation expense would be recognized under the double-declining-balance method for the year ending December 31, 2018?
A. $16,500 B. $33,000 C. $19,250 D. $13,750
Mike owns a house in a poor area of a large city. Mike is on disability and his total monthly income is $700 . A sales representative visits his home, selling a water purification system. Mike signs a contract that calls for monthly payments of $500 for the next 10 years. The water system is worth no more than $1000 . Mike thought he was signing a permission slip allowing the salesman to conduct
a free water test to determine the toxins in the water. How would a court most likely describe this contract? a. The contract is fully enforceable as written. b. The contract is unenforceable because it is unconscionable. c. The contract is enforceable, but only up to the value of the water system. d. The contract is unenforceable because it is exculpatory.