Delany owes Carl a past-due undisputed debt of $500. Delany sees Carl in a bar and pays him $400. Carl then says to Delany, "Forget about the other $100 you owe me. I'm glad to get the $400." Carl's promise to discharge the remainder of the debt is binding
Indicate whether the statement is true or false
False
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FICA tax becomes a liability to the federal government at the time an employee's payroll is prepared
a. True b. False Indicate whether the statement is true or false
Employees at Harper Industries have formed a union and are negotiating a union security arrangement. Which option would be most favorable to the union and also be legal?
A. free riders, because these let employees benefit from union activities without joining the union B. a closed shop, because any employee hired must be a union member C. maintenance of membership rules, because they require that union members remain at the company D. an agency shop, because it requires employees to join the union for the length of the contract E. a union shop, because it requires all employees to join the union within 30 days of their start date with the company
Automated controls over cash eliminate the inherent risks associated with the cash account
a. True b. False Indicate whether the statement is true or false
The new felt-tip pens, multiple-cartridge pens, and quills offered by Ruben Delgado are examples of ________
A) product line filling B) multibranding C) megabranding D) product line inconsistencies E) co-branding