Ross makes an offer to Elizabeth to sell his automobile to her for $10,000. In this case, Ross is the offeree and Elizabeth is the offeror

Indicate whether the statement is true or false


FALSE

Business

You might also like to view...

Differences between IFRS and U.S. GAAP in accounting for pensions include all of the following except: 

A. Under U. S. GAAP the asset (liability) on the balance sheet differs from the plan's actual funded status, while under IFRS the asset (liability) on the balance sheet equals the plan's actual funded status. B. Under IFRS past service costs are recognized immediately as part of pension expense. C. Pension expense computed using U.S. GAAP is likely to be higher because it allows firms to use an expected rate of return that exceeds the discount rate. D. Under IFRS actuarial gains and losses are recognized in OCI without subsequent amortization to pension expense.

Business

Imagine you were visiting family in Kansas when a tornado touched down, causing devastating damage. When you got home, you wrote an article for the college paper based on your experiences. Which type of source would you be?

a. field source b. tertiary source c. secondary source d. primary source

Business

A small private university normally charges the same price –$200–per credit-hour for all courses and for all students

While the university is pretty near capacity in the fall and spring, it finds that its classrooms are only about 60 percent occupied during the summer session. A student of operations management wonders if revenue management might be useful to both the university and its students alike. This student, with help from some economics majors, estimates a demand curve for summer course enrollment. Points on this demand curve include 9000 credit-hours at the current rate of $200, 12,000 credit hours at $180, 15,000 credit-hours at $160, and 18,000 credit-hours at $140. Based on this demand curve, what price point would best serve the university, if its objective is the greatest revenue for the summer session?

Business

The event manager usually provides the Web address and access codes to send to participants.

Answer the following statement true (T) or false (F)

Business