A change of law discharges a contract if the new law:?
A) requires a license and none was required before
B) requires the use of fireproof materials.
C) requires the use of antipollution devices.
D) prohibits the act called for by the contract.
D
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While downloading a license to a software program, Harriet reads the Terms of Agreement document which states that the company is not liable for any unforeseen damages that arise from the software
Harriet clicks on "Accept" and continues to install the program. The document is an example of a(n) ________. A) digital signature B) digital identification C) licensing agreement D) implicit contract
What issue did the federal auditor raise about Stanford's research overhead expenses?
a. That the paperwork was not complete b. That there are no overhead reimbursement for grants c. That the overhead expenses submitted did not seem right d. That the overhead expenses violated the rules
Duo Partnership reports the following items for the year:Sales$750,000Wage expense300,000Rent expense50,000Charitable contributions10,000Short-term capital gain20,000Sec. 179 expense100,000In addition to reporting separately stated items on the Form 1065, Duo will report ordinary income of
A. $300,000. B. $420,000. C. $310,000. D. $400,000.
Sill Corporation makes one product. Budgeted unit sales for January, February, March, and April are 9,900, 11,400, 11,900, and 13,400 units, respectively. The ending finished goods inventory equals 20% of the following month's sales. The ending raw materials inventory equals 40% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. If 61,000 pounds of raw materials are required for production in March, then the budgeted raw material purchases for February is closest to:
A. 57,500 pounds B. 104,900 pounds C. 58,900 pounds D. 81,900 pounds