Scott, a minor, sells his digital camera to Megan, who then sells it to Sherry. Under these circumstances:
a. Scott retains the power of avoidance of the contract, since he is a minor, even after the property is sold to Sherry.
b. if Sherry is a good faith purchaser for value and she buys the camera before Scott elects to rescind, no rescission is permitted.
c. Megan and Sherry both received a voidable title regardless of whether they contracted in good faith.
d. if Scott wants to rescind the transaction after the sale to Sherry, a good-faith purchaser for value, he has no remedy or recourse.
b
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In the CAPM, unsystematic risk
A. is also known as market risk. B. can be diversified away. C. is the risk to a stock's return that is attributable to the fluctuations in the overall stock market. D. is assumed to be zero.
Identify which error will cause the trial balance to be out of balance.
A. An $1250 prepayment from a customer for services to be rendered in the future was posted as an $1250 debit to Unearned Revenue and an $1250 credit to Cash. B. A $120 cash receipt from a customer in payment of her account posted as a $120 debit to Cash and a $120 credit to Cash. C. A $77 cash purchase of office supplies posted as a $77 debit to Office Equipment and a $77 credit to Cash. D. A $290 cash salary payment posted as a $290 debit to Cash and a $290 credit to Salaries Expense. E. A $190 cash receipt from a customer in payment of her account posted as a $190 debit to Cash and a $19 credit to Accounts Receivable.
Parentheses enclose ________________ within a paragraph
a. secondary definitions b. explanatory sentences c. exterior paragraphs d. partial citations
Describe and provide clear examples of Argyris and Schön’s (1978) concept of single loop and double loop learning.
What will be an ideal response?