A company sells a software package to a purchaser. The package contains a licence agreement, which the purchaser does not see until she has paid for and received the package
The agreement, however, states that the purchaser may return the package if she does not accept the terms of the licence. If the purchaser keeps the software, is she bound by the terms of the licence agreement?
A) No. The seller has not given any consideration for the buyer's promise to be bound by the agreement.
B) Yes. Although there has been no consideration, the provision allowing return of the goods creates an exception recognized by the law to the requirement for consideration.
C) No. The seller cannot unilaterally impose terms on the purchaser. The seller did not agree to the licence agreement when she purchased the package.
D) The answer depends on the adequacy of the consideration which a court would find was given.
E) The answer depends on whether the case is characterized as governed by the skrink-wrap rule or the click-wrap rule.
B
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A. market penetration growth opportunity B. wholesale format development growth opportunity C. diversification growth opportunity D. retail format growth opportunity E. market expansion growth opportunity
The document that serves as the basis for recording direct labor on a job cost sheet is the time ticket
Indicate whether the statement is true or false
Kray Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of units produced 6,000Variable costs per unit: Direct materials$40Direct labor$19Variable manufacturing overhead$8Variable selling and administrative expense$2Fixed costs: Fixed manufacturing overhead$144,000Fixed selling and administrative expense$198,000There were no beginning or ending inventories. The variable costing unit product cost was:
A. $67 per unit B. $61 per unit C. $91 per unit D. $69 per unit
6. A ___________ is a service or user that is known to the Kerberos system and is identified by its principal name.
A. Kerberos key ? B. Kerberos ticket C. Kerberos principal ? D. Kerberos realm