A bond with a par value of $1,000 trading at 97 ½ sells for a premium.
Answer the following statement true (T) or false (F)
False
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The U.N. Convention on the International Sale of Goods has decided that a writing is:
A. not required for the enforcement of oral international contracts. B. always required. C. for contracts of specially-manufactured goods. D. required for contracts over $1,000.
Which of the following areas of financial reporting is most suitable for applying data analytics techniques?
A. Variance reporting. B. Calculating the components of equity. C. Depreciation. D. Evaluation of estimates and valuations.
Rich and Archie sign an agreement in which Archie agrees to deliver ten cases of champagne in 5 days. The parties negotiated and meant to say in the written agreement, delivery in 50 days. If the evidence is clear that the two parties intended to agree to 50 days, the courts will probably
a. reform the contract. b. rescind the contract. c. issue a warranty. d. issue a covenant.
David's firm had grown steadily and the products and systems had become more and more complicated. He had been a star representative and had personally serviced and developed all his accounts. In the past year or so, David and his sales colleagues have been changing their approach due to the sales growth and increasing product complexity. Customer relationships are now being handled more and more by ________-whose primary duties are order getting, order taking, or sales support-which is typical of firms experiencing this kind of growth.
A. manufacturer's representatives B. marketing executives C. retailer representatives D. selling teams E. customers