In a suit against Vladimir over the performance of a contract, Wyler obtains rescission. This is
A. an order to do or to refrain from doing a particular act.
B. an order to perform what was promised.
C. a payment of money or property as compensation.
D. the cancellation of a contract.
Answer: D
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Scope creep is best described as which of the following?
A. The overall size of the project. B. A shady looking person in charge of the scope. C. Increases to a project's requirements after the project has started. D. The gradual completion of project tasks, eventually resulting in the end of the project.
Black Hills Manufacturing has two processing departments, Department I and Department II. During the year, direct materials worth $38,000 purchased on account were assigned to Department I. At the end of the year, when the production cost report for Department I was prepared, Black Hills assigned $40,000 to the units transferred from Department I to Department II. The journal entry to record the transfer of units to Department II will ________.
A) debit Work-in-Process Inventory—Department II for $38,000 and credit Work-in-Process Inventory—Department I for $38,000 B) debit Work-in-Process Inventory—Department I for $40,000 and credit Work-in-Process Inventory—Department II for $40,000 C) debit Work-in-Process Inventory—Department I for $38,000 and credit Work-in-Process Inventory—Department II for $38,000 D) debit Work-in-Process Inventory—Department II for $40,000 and credit Work-in-Process Inventory—Department I for $40,000
"Beyond the market and the economy, the company must consider several other factors in its external environment when setting prices." Explain this statement
What will be an ideal response?
The posted speed limit on the interstate near Omar's house is 60 miles per hour, but no one ever gets a ticket unless they drive over 70 miles per hour. One morning, Omar receives a ticket for going 68 miles per hour
He is outraged and believes that a true injustice has occurred. Based on the scenario, Omar adheres to the ________. A) feminist school of law B) sociological school of law C) positivist school of law D) natural law school