Cole owed Williams $150 . When Cole couldn't pay the $150, Williams accepted $75 and a shaver worth $50 as full settlement. The contract was discharged by

a. breach of contract.
b. waiver.
c. accord and satisfaction.
d. substantial performance.


C

Business

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When one unit charges another unit in the same company for goods it ships to its foreign subsidiaries, the charge is called a(n) ________

A) original price B) transfer price C) margin price D) break-even price E) customer value price

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Viruses rarely attach themselves to executable files

Indicate whether the statement is true or false

Business

Candy Stores Inc gives you the following information: The standard material cost is $7 per pound for a 15 pound bag of chocolate. The following is the actual cost and usage data: Direct materials purchased and used 186,000 pounds Price paid for direct materials $6.00 per pound Number of bags produced 12,000 units Using the above information provided for Candy Stores, compute the direct materials

price variance for Candy Stores. A) $186,000 (F) B) $186,000 (U) C) $42,000 (F) D) $42,000 (U)

Business

Which of the following statements about the Internet security is not true?

A) The use of P2P networks can expose a corporate computer to outsiders. B) A corporate network without access to the Internet is more secure than one that provides access. C) VoIP is more secure than the switched voice network. D) Instant messaging can provide hackers access to an otherwise secure network. E) Smartphones have the same security weaknesses as other Internet devices.

Business