To be enforceable, which of the following contracts require a written document under the statute of frauds?
a. your promise to buy a car from a dealership for $30,000 cash
b. your promise to write a software program next month for $11,000 c. your promise to buy a warehouse for $40,000
d. your promise to buy ten tons of coal for $2,000 e. none of the other choices
c
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Comment on the change in both the carrying value and the balance of the Unamortized Bond Discount account over the life of a bond issue
Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance. Direct materials standard (6 lbs. @ $2/lb.)$12 per finished unitActual direct materials used 243,000 lbs.Actual finished units produced 40,000 unitsActual cost of direct materials used$483,570
A. $3,570 favorable. B. $2,430 favorable. C. $6,000 unfavorable. D. $3,570 unfavorable. E. $2,430 unfavorable.
Which of the following could be used as a way to get around the parol evidence rule? The court could find that
A) the contract was partly written and partly oral B) there was a collateral contract C) the contract was made under duress D) both A and B E) there is no way to get around the parol evidence rule
Bob writes a check on his account at County Bank to Darby, a famous singer. The person claiming to be Darby is an imposter, however, named Etta. Etta indorses the check to Felipe, for whom County Bank cashes it. Ultimately, the loss will most likely fall on
A. Bob. B. County Bank. C. Darby. D. Felipe.