Millie receives a parcel from her aunt in Indonesia. The delivery man asks her to sign an authorization document to receive the parcel. Millie signs without reading the document, as she is in a hurry
However, on the other side of the document are contract terms that transfer all of Millie's property to the delivery man. This is an instance of ________.
A) fraud in the inception
B) fraud in the inducement
C) fraud by concealment
D) misrepresentation of law
A
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Sun Corp sells merchandise to customers. Sun should normally recognize
a. Cash revenue only and the related expenses in the same accounting period as earned whether payment is received or not b. Revenue when the cash is collected and the expenses when Mendes pays its creditor for the merchandise c. Revenue and expenses after all payments are collected d. Cash and credit revenue and the related expenses in the same accounting period as earned whether payment is received or not
Which of the following metrics represents the time it takes to manufacture a product and deliver it to the retailer?
A. Inventory cycle time B. Inventory turnover C. Customer order cycle time D. Back order
If an individual had one share of 5 percent $50 par value cumulative preferred stock and did not pay dividends one year the individual would be entitled to how much the second year?
a. $2.50 b. $5 c. $10 d. $50 e. $6.25
A common guideline for constructing a 95% confidence interval is to place upper and lower bounds one standard error on either side of the mean
a. True b. False Indicate whether the statement is true or false