Brandon orally assigned his right to $100 from a lawn mowing contract to Will as a gift. This assignment is:
a. not valid because it was not in writing.
b. valid even though it was oral and there was no consideration from Will.
c. irrevocable once Brandon has told Will about the gift.
d. not valid because Will gave no consideration for the assignment.
b
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In the stockholders' equity section of a corporation's balance sheet, preferred stock is listed before common stock because of its preferred claim to dividends and/or assets
a. True b. False Indicate whether the statement is true or false
Which one of the following types of inventory accounts would be used by a wholesaler or retailer?
a. Raw materials inventory b. Work in process inventory c. Finished goods inventory d. Merchandise inventory
Diligence, an essential service behavior, combines responsiveness and:
A) knowledge B) technical skill C) reliability D) persuasiveness E) precision
Stock options refer to the right to buy shares of company stock at some future date for the price of the shares on the day that the company awarded the right.
Answer the following statement true (T) or false (F)