In the U.S., the remedy of specific performance is limited to those instances where:
A) money damages would be sufficient, but the injured party does not want them
B) the goods are unique.
C) the buyer does not want the goods for which he contracted.
D) the seller wants to force the buyer to take the goods.
B
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Although word processing makes writing much faster and easier than ever before, writing is still _________________
a. nerve wracking b. a mystery c. a solitary activity d. only communication
If you fold a normal curve, each half would fit perfectly on top of the other. This characteristic is known as _______.
a.Asymptotic b.Symmetry c.Probability d.Variability
The difference between the transportation and assignment problems is that
a. total supply must equal total demand in the transportation problem b. the number of origins must equal the number of destinations in the transportation problem c. each supply and demand value is 1 in the assignment problem d. there are many differences between the transportation and assignment problems
A company sold $12,000 worth of bicycles with an extended warranty. The company's experience is that warranty expense averages 2% of sales. The current period's entry to record the warranty expense is:
A. Debit Warranty Expense $240; credit Estimated Warranty Liability $240. B. Debit Estimated Warranty Liability $240; credit Cash $240. C. Debit Sales Allowances $240; credit Estimated Warranty Liability $240. D. Debit Warranty Expense $240; credit Cash $240. E. Debit Prepaid Warranties $240; credit Warranty Expense $240.