Answer the following statements true (T) or false (F)
An event, as defined in SFAC No. 6, is “a happening of consequence to an entity.”
ANSWER: T
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What is a global firm?
A) A firm that operates in one country and exports its goods and services to foreign countries. B) A firm that operates in more than one country and has a sales and marketing staff in those countries. C) A firm that operates in more than one country and captures R&D, production, logistical, marketing, and financial advantages not available to purely domestic competitors. D) A firm that sells its products and services across the world but restricts manufacturing to the home country. E) A firm that operates in more than one country but restricts the sale of its products to the home country.
Fact Pattern 28-2BRico signs a lease on behalf of Start-Up Games, Inc., with Tower Office Suites. As part of the lease, Rico signs a document titled "GUARANTY," which states that it is "an absolute guaranty" of the lease's performance.Refer to Fact Pattern 28-2B. The reason for the result in the previous question is that
A. Rico signed a "GUARANTY." B. Tower Office Suites owns the property and can re-rent the premises. C. the other tenants can equitably absorb a slight increase in rent. D. Start-Up will likely move out when it stops paying the rent.
A buyer of goods has no obligation under the CISG to examine goods promptly when received and give notice of an error in shipment
Indicate whether the statement is true or false
If the sum of squared residuals is zero, then the:
a. coefficient of determination must be 1.0. b. coefficient of correlation must be 1.0. c. linear relationship between x and y is perfect. d. All of these choices are true.