Under the CISG, a communication between the parties would be considered an offer when:
A) it is in the form of an advertisement
B) it leaves the quantity or price terms open.
C) it is sufficiently definite and indicates an intention to be bound.
D) both B and C.
C
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The FASB established the use of the terms "probable," "reasonably possible," and "remote." It adopted these terms because
A) the available statistical techniques are not exact enough. B) the likelihood of occurrence of future events can vary over a wide range. C) future gains are not easy to estimate. D) unnecessary estimates should not be recorded in the financial records.
Which of the following types of interviewing involves asking applicants how they might react to hypothetical situations?
A. Behavioral B. Depth C. Stress D. Traditional
The best way to study the relationship of the components within a financial statement is to prepare
A) ratio analysis. B) common size statements. C) a trend analysis. D) profitability analysis.
Market imperfections do not necessarily imply that national securities markets are inefficient. Develop an argument as to why this is possible
What will be an ideal response?