A demurrer raises an issue of law as to the legal sufficiency of the complaint
Indicate whether the statement is true or false.
T
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It is highly unlikely that greater shareholder control of internal corporate governance will lead to greater corporate social responsibility.
Answer the following statement true (T) or false (F)
In general, personal selling is one of the most helpful tools for closing sales
Indicate whether the statement is true or false
A company has net sales of $50,000 during the year. At year end (before an adjustment is made), Allowance for Uncollectible Accounts has a credit balance of $2,500 . If the company estimates that 3 percent of net sales are uncollectible and the company uses percentage of net sales method, what is the balance in the allowance account after the year-end adjustment has been made?
a. $1,500 debit balance b. $1,500 credit balance c. $4,000 credit balance d. $1,000 debit balance
Under the UCC Article 2, unless otherwise agreed, an acceptance of an offer is effective:
A) When dispatched. B) When the acceptance is received. C) When the offeree acknowledges receipt of the acceptance. D) When the goods are received. E) When dispatched, but only if the acceptance reaches its destination within a reasonable time.