List the circumstances that can lead to termination by impossibility of performance
What will be an ideal response?
An agency relationship terminates if a situation arises that makes its fulfillment impossible. The following circumstances can lead to termination by impossibility of performance.
1. The loss or destruction of the subject matter of the agency.
2. The loss of a required qualification.
3. A change in the law.
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Fausnaught Corporation has two major business segments--Retail and Wholesale. In October, the Retail business segment had sales revenues of $730,000, variable expenses of $409,000, and traceable fixed expenses of $117,000. During the same month, the Wholesale business segment had sales revenues of $400,000, variable expenses of $220,000, and traceable fixed expenses of $48,000. Common fixed expenses totaled $218,000 and were allocated as follows: $122,000 to the Retail business segment and $96,000 to the Wholesale business segment. Required:Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts.
What will be an ideal response?
A copyright infringer can be prohibited from reproducing a copyrighted work ________
A) 90 years after the death of the creator, if the copyright holder is not a publisher B) even if the copyrighted work is not registered C) even if the copyrighted work is freely distributed without notice of copyright D) if the infringer is parodying the copyrighted work
Superior analytical techniques, such as NPV, used in combination with risk-adjusted cost of capital estimates, can overcome the problem of poor cash flow estimation and lead to generally correct accept/reject decisions.
Answer the following statement true (T) or false (F)
A manufacturer of peripheral devices for PCs decides to try and capture some of the PC gaming market by creating gaming versions of its traditional peripheral devices
It decides to start with a gaming version of its standard keyboard, increasing the number of macro keys, adding a small LCD screen to display game data, and giving the user the ability to backlight keys in different colors. If this device is a success, the manufacturer plans to release gaming versions of its trackballs and other peripherals. What option is the manufacturer gaining by the release of the new keyboard? A) option to delay B) option to expand C) option to abandon D) option to switch