Name four types of contract rights that are non-assignable
Non-assignable contract rights include those that:
a . materially change the obligor's duty or materially increase the risk or burden upon the obligor,
b. transfer highly personal contract rights,
c. are expressly prohibited by the contract, or
d. are prohibited by statute or public policy.
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Leverage implies that a company
a. contains debt financing b. contains equity financing c. has a high current ratio d. has a high earnings per share
Which of the following statements is true?
a. A cash dividend is an operating cash outflow. b. Cash paid to repurchase treasury stock is an investing cash outflow. c. Cash paid to acquire stock in another company is a financing outflow. d. Purchase of a patent is an investing cash outflow.
The separation-of-duties feature of internal control can be negated when several employees are involved in a scheme
Indicate whether the statement is true or false
Future opportunities and threats are considered in the forecasting section of a marketing plan
Indicate whether the statement is true or false