Exchanging pirated, copyrighted works with others is not infringement unless money is involved.
Answer the following statement true (T) or false (F)
False
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A person who intentionally breaks the windows on another person's car can be liable for trespass to goods
Indicate whether the statement is true or false
Faust Company uses the perpetual inventory system. Faust sold goods that cost $2,300 for $3,600. The sale was made on account. What is the net effect of the sale on the company's financial statements? (Consider the effects of both parts of this event.)
A. Increase total assets by $2,300 B. Increase total assets by $3,600 C. Increase total stockholders' equity by $3,600 D. Increase total assets by $1,300
Marketers use a variety of characteristics to segment markets they are interested in pursuing. When segmenting consumer markets, demographic variables are normally used. All of the following are demographic characteristics used by marketers to segment markets except
A. age. B. social class. C. family size. D. hometown. E. marital status.
County Title Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In performing this task for a sale of land from James to Kate, the furnished information is mistaken. Refer to Fact Pattern 14-3. If James and Kate are both ignorant of the mistake, it is A) ?a bilateral mistake
B) a fraudulent misrepresentation. C) a unilateral mistake. D) unconscionable.