________ involves misstatements about the content or legal effect of something usually contained in a form or preprinted contract.
A. Mutual mistake
B. Unintentional tort
C. Fraud in the execution
D. Undue influence
Answer: C
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Which of the following statements is a strategy for overcoming writing barriers?
a. Draft easy parts of the report first to gain a sense of accomplishment. b. Draft difficult parts of the report first to get them out of the way. c. Work on a section until you have difficulty with it; then skip to another section. d. All of the above.
Colors should be used because they will look the same to all readers
Indicate whether this statement is true or false.
Longwood Company had a current ratio of 3:1 at the end of Year 1. The asset section of the company's balance sheet is provided below:
Required:1) Compute Longwood Company's end-of-year working capital.2) Compute the company's quick (acid-test) ratio.3) The company has a debt agreement with its bank that authorizes the bank to call in its loan to the company if the company's current ratio falls below 3:1 as of the last day of any month during the term of the loan. During January Year 2, the company engaged in the three following transactions:(a) Collected $100,000 on account;(b) Purchased inventory on account, $50,000(c) Paid accounts payable, $60,000Will
the company be in default after completing these transactions? Justify your answer.Round your answers to two decimal places. What will be an ideal response?
Assume a firm's resources and capabilities are costly to imitate. This is because rival companies do not clearly understand the relationship between the resources and capabilities controlled by the firm. In this case, the firm's competitive advantage is protected against imitation by
A. social complexity. B. path dependence. C. causal ambiguity. D. dependence complexity.