A mistake of fact cannot be unilateral

Indicate whether the statement is true or false


False

Business

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Starlight Associates, Inc recorded salary expense of $100,000 in 2016 . However, additional salaries of $5,000 had been earned, but not paid or recorded at December 31, 2016 . After the adjustments are recorded and posted at December 31, 2016, the balances in the Salaries Expense and Salaries Payable accounts will be: Salaries Expense Salaries Payable

a. $105,000 $5,000 b. $100,000 $ 0 c. $100,000 $5,000 d. $105,000 $ 0

Business

Which of the following competitive forces is NOT addressed directly by Michael Porter?

A. relative power of other stakeholders B. rivalry among existing firms C. threat of new entrants D. bargaining power of suppliers E. threat of substitute products

Business

An aging population and an increase in obesity are part of the major factors driving increases in the cost of health care.

Answer the following statement true (T) or false (F)

Business

The rights of a surety include ________

a. exoneration b. accession c. consideration d. formation

Business