In which case does the buyer receive no title to the goods he purchases?
a. Owner has good title. Max steals the goods and sells them to buyer.
b. Owner has good title. Max purchases the goods using deception. He then sells them to buyer who gives value and acts in good faith.
c. Owner has good title. Max purchases the goods using fraud. He then sells them to buyer who is not a BFP.
d. All of the above.
e. Both a and c.
e
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Rickles, Inc is a calendar-year corporation whose financial statements for 2013 and 2014 included errors as follows: Ending Depreciation Year Inventory Expense 2013 $30,000 overstated $25,000 overstated 2014 $10,000 understated $ 8,000 understated Assume that purchases were recorded correctly and that no correcting entries were made at December 31 . 2013 . or December 31 . 2014 . Ignoring income
taxes, by how much should Rickles's retained earnings be retroactively adjusted at January 1 . 2015? a. $27,000 increase b. $27,000 decrease c. $7,000 decrease d. $3,000 decrease
The ________ states that participants in an industry-wide patent pool must grant reasonable access to the pool to any firm wishing to compete so that no firm will be disadvantaged
A. indemnification clause B. bottleneck principle C. maintenance of value clause D. country of origin principle
An employee was injured while at work. In which situation would the case not need to be recorded under OSHA?
A. The employee lost consciousness. B. The employee required first aid. C. The worker missed two days of work because of the injury. D. The injury led to work restrictions.
Customers have usually backed up words about the importance of sustainability with a willingness to pay more for sustainable products
Indicate whether the statement is true or false.