Misrepresentation, unlike fraud, is not grounds for rescinding a contract

a. True
b. False
Indicate whether the statement is true or false


False

Business

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When a magazine company receives advance payment for a subscription, what is the required journal entry to be recorded?

a. Cash – Debit; Unearned Subscriptions Revenue – Credit b. Prepaid Subscriptions – Debit; Cash – Credit c. Cash – Debit; Subscriptions Revenue – Credit d. Unearned Subscriptions Revenue – Debit; Cash – Credit

Business

Thirty years ago, which of the following was the LEAST popular advertising media for marketers?

A) radio B) digital C) outdoor D) print E) television

Business

In the first footnote to a source, include the author name, the full title, complete publishing information, and ________________

a. a picture of the cover page b. the pages referred to c. a copy of the cited quotation or paraphrase d. no other information

Business

Paolo dos Santos, a sales manager for Paronille Corporation, provides all of his salespeople with scheduled performance appraisals. This behavior indicates that he is attempting to incorporate the dimension of:

A) feedback B) structure C) empowerment D) consideration E) responsibility

Business