Generally, neither a "time is of the essence" clause nor a "force majeure" clause will be recognized by the courts because these types of clauses are seen as a violation of public policy.
Answer the following statement true (T) or false (F)
False
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Carla and Eliza share income equally. During the current year the partnership net income was $40,000. Carla made withdrawals of $12,000 and Eliza made withdrawals of $17,000. At the beginning of the year, the capital account balances were: Carla capital, $42,000; Eliza capital, $55,000. Eliza's capital account balance at the end of the year is
A) $52,000 B) $58,000 C) $82,000 D) $75,000
The customer type component of the product-market should include
A. the user of the product. B. the guarantees offered. C. the geographic area in which customers live. D. the buyer of the product. E. the type of good and service.
Indirect distribution
A. usually increases the time required to bring a product to market drastically. B. usually has no effect on capital investment, especially as compared to direct approaches. C. usually requires less investment capital than direct approaches. D. is always the most effective distribution method. E. usually increases the initial cash outlay.
Another term for misdemeanor is:
a. small crime b. civil crime c. penal crime d. petty offense e. petty crime