Ken owns the copyright to a book entitled, "My Sweet Way." Ken uses the copyright to secure a $50,000 loan from Great State Bank. The copyright is chattel paper
Indicate whether the statement is true or false
false
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Which is true of planned large service desks?
A. They are typically arranged in separate groups around the building, with each group focusing on a specific type of customer. B. The cubicle walls between analysts are typically high to reduce noise and allow the analysts to concentrate. C. They typically have notification systems, such as electronic reader boards, white boards, and network monitors in prominent locations. D. The service desk manager usually resides in the service desk and takes calls, especially during an emergency.
What type of contract is a possible remedy for an injured plaintiff in a case with no valid contract, when the plaintiff can show benefit to the defendant, reasonable expectation of payment, and unjust enrichment?
a. an express contract b. an implied contract c. a quasi-contract d. a unilateral contract
A party injured by fraud generally has the choice of suing for damages or rescinding the contract
a. True b. False Indicate whether the statement is true or false
When using financial performance measures, which of the following statements is incorrect?
A) Most companies use a weighted-average to determine the amount of average inventory. B) Average total assets are used for both ROI and RI computations. C) The limitations of financial performance measures reinforce the importance of the balanced scorecard. D) In general, calculating ROI based on the net book value of assets gives managers an incentive to continue using old, outdated equipment because its low net book value results in a higher ROI.