Jacquie signs a contract to buy a car just before reaching the age of majority. After reaching the age of majority, Jacquie does not take possession or make payments. Most courts would hold, with respect to the contract, that this is
A. disaffirmance.
B. emancipation.
C. ratification.
D. rescission.
Answer: A
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Country Z is passing through a recession. Which group of economists is likely to believe that a shift of the aggregate demand curve has caused the recession?
A. Keynesians B. Monetarists C. Real Business Cycle theorists D. Neoclassicists
A company stands a better chance of having an international arbitration award upheld if its home-country government has signed:
A) the Paris Convention. B) the Prague Convention. C) the New York Convention. D) the Vienna Convention. E) the Geneva Convention.
Imitation by competitors is a downside of which strategy?
a. low-price provider b. differentiation c. brand image d. high value
In preparing statements from the adjusted trial balance, the balance sheet must be prepared first.
Answer the following statement true (T) or false (F)