Mainstay, Inc, sponsors NowUCMe, a social-networking, video- and photo-sharing site. To use NowUCMe, Mainstay requires users to accept terms of service associated with the site.By clicking on "accept," users enter into a contract
a. after thirty days.
b. as soon as they begin to use the service.
c. when a court declares that a contract exists.
d. under no circumstances.
B
You might also like to view...
Closing entries are made in the
a. sales journal. b. purchases journal. c. general journal. d. cash receipts journal.
Suppose the economy is thought to be 2 percent above potential (i.e., the output gap is 2 percent), when potential output grows 4 percent per year. Suppose the Fed is following the Taylor rule, with an inflation rate of 2 percent over the past year. The federal funds rate is currently 3 percent. The equilibrium real fed funds rate is 3 percent and the weights on the output gap and inflation gap are 0.5 each. The inflation target is 1 percent. a.Is the fed funds rate currently too high or too low? By how much? Show your work. b.Suppose a year has gone by, output is now just 1 percent above potential, and inflation rate was 1.5 percent over the year. What federal funds rate should the Fed now set (assuming the inflation target does not change)?
What will be an ideal response?
Cost of goods sold represents an outflow of an asset, inventory, from the sale of products
a. True b. False Indicate whether the statement is true or false
The balances in Labeille Accounting Services' office supplies account on February 1 and February 28 were $1,200 and $375, respectively. If the office supplies expense for the month is $1,900, what amount of office supplies was purchased during February?
A. $2,325 B. $1,075 C. $1,525 D. $1,500 E. $3,100