If damage to leased property arises through no fault of the tenant, that tenant still has a duty to take interim steps in order to prevent further damage from the elements.

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


True

Business

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Which of the following résumé formats allows a user to highlight capabilities and education without raising concerns that there might be issues to hide in the past?

A) Functional B) Combination C) Traditional D) Online E) Chronological

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The sale of treasury stock at an amount greater than cost results in a gain to be reported on the income statement

Indicate whether the statement is true or false

Business

Sheldon Hamer quoted a price to Cynthia Hui and she placed an order based on that price

Sheldon quoted too low, forgetting to include shipping and handling charges, so he now wants to get out of the deal, claiming that the price difference is so great that Cynthia should have known something was wrong. What is the name of the legal grounds that Sheldon will use in a court section to set aside the transaction? A) Misrepresentaion. B) Unjust enrichment C) Unfair advantage D) Mistake E) Non est factum

Business

Interpretation of Insurance Contract Terms. The insured brought an action to recover losses in excess of $100,000 sustained because of employee theft. The thefts occurred during the terms of two different policies but were not discovered until the

second policy had replaced the first. Each policy limited recovery to $50,000 for employee dishonesty and provided that for a loss "which occurs partly during the Effective Period of this endorsement and partly during the period of other policies, the total liability of the Company shall not exceed in the aggregate the amount of this endorsement." The insured maintained that he was entitled to recover $50,000 on each policy. What should the court decide? Discuss fully.

Business