You want to go into social work but go into business instead so you can earn more money. Which barrier stands in the way of your following your vocation?
A. apathy
B. avoidance
C. ambition
D. pride
C. ambition
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Unearned Revenue is a contra-revenue account
Indicate whether the statement is true or false
An obligation of the merchant-seller that the goods are reasonably fit for general purposes for which they are manufactured and sold, and the goods are of fair, average quality is known as:
A) a warranty of merchantability. B) strict liability. C) an express warranty. D) the warranty of fitness for a particular purpose.
In Lamson v. Crater Lake Motors, in which a car sales employee who felt that the sales tactics of the company were unethical and was fired after he refused to cooperate sued the company for wrongful discharge, the appeals court found that:
a. Lamson had no case because his actions were not an important public duty b. Lamson had no case because his actions were illegal c. Lamson had no case because Crater Lake Motors was participating in illegal transactions, but Lamson was not aware of them d. Lamson had no case because Crater Lake Motors had no history of racial discrimination e. Lamson had no case because he had a history of making false claims against the company
Jackson was charged 11% interest and paid $189 interest on a simple interest loan for 3 months from his credit union. How much did he borrow? Use ordinary interest. (Round to the nearest cent)