Which of the following is true regarding the effect of death and incapacity on an offer?
a. Death or incapacitation of either party terminates an offer.
b. Death of either party terminates an offer, and incapacity on the part of the offeror terminates an offer, but incapacity on the part of an offeree does not terminate an offer.
c. Death of either party terminates an offer, and incapacity on the part of an offeree terminates an offer, but incapacity on the part of the offeror does not terminate an offer.
d. Neither death nor incapacity on either the part of the offeror or offeree terminates an offer.
a
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A terms-of-trade index that equals 150 indicates that compared to the base year,
a. it requires a greater output of domestic goods to obtain the same amount of foreign goods. b. it requires a lesser amount of domestic goods to obtain the same amount of foreign goods. c. the price of exports has risen from $100 to $150. d. the price of imports has risen from $100 to $150.
In which of the following cities is a Federal Reserve Bank NOT located
A. Richmond. B. Denver. C. Kansas City. D. St. Louis.
BoTeck is a full-service technology company. It provides equipment, installation services, and training services. Customers can purchase any product or service separately or as a bundled package. On May 3, Box-Rite Corporation purchased computer equipment, installation, and training for a total cost of $120,000. Estimated stand-alone fair values of the equipment, installation, and training are
$75,000, $50,000, and $25,000 respectively. The journal entry to record the sale and installation on May 3 will include A) credit to Service Revenue of $50,000. B) credit to Sales Revenue for $120,000. C) credit to Unearned Service Revenue of $20,000. D) debit to Unearned Service Revenue of $25,000.
For purposes of decision making, avoidable costs are costs that:
A. differ between alternatives. B. were incurred in the past. C. will not be incurred in the future, regardless of the alternative chosen. D. None of the above.