A/An ________ option can be exercised only on its expiration date, whereas a/an ________ option can be exercised anytime between the date of writing up to and including the exercise date
A) American; European
B) American; British
C) Asian; American
D) European; American
Answer: D
You might also like to view...
Identify the four general types of organizational buying center cultures, and explain how these may impact the approach taken by a salesperson.
What will be an ideal response?
The translation of an overall business strategy into a level of detail suitable for the marketing area is a(n) ________
Fill in the blank with the appropriate word.
The employees of Neat Clothes work Monday through Friday. Every other Friday the company issues payroll checks totaling $32,000 (or $3,200 per weekday). The current pay period ends on Friday, January 3. Neat Clothes is now preparing financial statements for the year ended December 31. What is the adjusting entry to record accrued salaries at the end of the year?
A. Debit Salaries Expense and credit Salaries Payable for $9,600. B. Debit Salaries Expense and credit Salaries Payable for $6,400. C. Debit Salaries Payable and credit Salaries Expense for $22,400. D. Debit Salaries Expense and credit Salaries Payable for $22,400.
In 1992, Mark Cummings entered into a contract with Asilomar, a licensed contractor, to construct a single-family home. Asilomar substantially completed construction by June 2, 1992. Cummings then occupied the home until November 1998, when he sold the property to the Maycocks.? After moving into the home, the Maycocks experienced problems with the residence. They noticed movements in the slab
and walls throughout the home, as well as buckling in walls and sagging and cracking of the garage floor. In September 2000, Tom Thomas, a civil engineer hired by the Maycocks to evaluate the property, concluded that the unusual movements in the structure indicated inadequate compaction of the backfill soils during construction. The Maycocks filed suit against Asilomar in January 2001, alleging negligence and breach of express and implied warranties. Asilomar says that since it did not sell the home to the Maycocks it is not liable, and that there has been too much time that has passed to allow the Maycocks to recover. A)Asilomar is excused from liability because the Maycocks were not the original dwellers in the home.? B)?Asilomar is liable for the problems because the Maycocks were the owners of the home after it was built. C)?Asilomar is not liable because the implied warranty of habitability expires after one year. D)?The implied warranty of habitability ends after it is owner occupied.