Billy owes a liquidated debt of $3000 to Rayna, his personal weight trainer. Billy sends Rayna a check for $300 on which he has marked, "Payment in Full." If Rayna cashes the check she will not be able to successfully sue Billy for the remainder of the debt
a. True
b. False
Indicate whether the statement is true or false
False
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The direct write-off method is
a. acceptable for financial reporting purposes. b. required for income tax purposes. c. acceptable for auditing purposes. d. required by generally accepted accounting principles.
Expert power
A. is derived from referent power. B. is derived from the leader's capability and knowledge in a particular field. C. is derived from organizationally conferred decision-making authority. D. arises from a manager's access, control, and distribution of information that is not freely available to everyone in an organization.
Describe the situational factors used to analyze problems in the Vroom model of leadership.
What will be an ideal response?
Accounting is a sort of transformation process that converts daily records of individual transactions into monthly financial reports. The ________ are the inputs, accounting is the operation that adds value, and ________ are the outputs.
A. financial statements; transaction records B. employee records; transaction records C. transaction records; financial statements D. health records; transaction statements