In which of the following cases is a contract between A and B binding?
A) A makes a mistake of material fact, and the mistake is unknown by B.
B) A and B make the same mistake of material fact.
C) A recklessly but honestly misrepresents a material fact.
D) A innocently misrepresents a material fact.
A
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Inadequate disclosure generally occurs through misrepresentations about the nature and products of the company through which means?
a. Board of Directors discussion b. top management conferences c. disclosures during employee recruitment d. news reports
Which of the following is a disadvantage of cause-related marketing?
a. It does not increase the sale of products. b. It can lead to customer fatigue. c. It results in immediate losses for the company. d. It requires corporations to use anti-competitive measures.
The corporate charter of Pinkston Corporation authorizes the issuance of 25,000 shares of 5% cumulative, preferred stock, $20 par, and 200,000 shares of $10 par common stock. At the end of the current year, the titles and balances of stockholders' equity accounts are as follows:
Pinkston declared dividends of $120,000 for the current year.Required:a) What is the amount of the annual dividend per share for preferred stock?b) If there are two years of preferred dividends in arrears at the beginning of the current year, what total amount of dividends will be paid to the preferred shareholders?c) What total amount will be paid to the common shareholders if
there are two years of preferred dividends in arrears at the beginning of the year?d) Prepare the journal entry required to record the declaration of the dividend. What will be an ideal response?
When it comes to creating customer satisfaction, perceived value is just as important as actual value.
Answer the following statement true (T) or false (F)