Only direct losses from a breach of contract may be recovered by an injured party
Indicate whether the statement is true or false
False
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Use this information to answer the following question. Chupka Company experienced the following events during the period: 1 . A tabulation of invoices at the end of the day showed $800 in MasterCard invoices, which were deposited in a bank account at full value less a 5 percent discount. 2 . Made a sale on American Express card for $400 and mailed invoice to American Express for payment. The
discount charged by American Express is 4 percent. The entry to record transaction 2 would include a(n) a. increase in Accounts Receivable for $400. b. increase in Sales for $400. c. decrease in Credit Card Expense for $16. d. decrease in Cash for $384.
Which of the following causes a change in the amount of cash held by a company?
a. Write-off of a bad debt b. Declaration of a cash dividend c. Payment of a cash dividend declared in a previous period d. Declaration and issuance of a stock dividend
Outlines display the overall _______________ of the content
a. value b. structure c. relevance d. objectivity
Which of the following rules should a salesperson adopt in order to have more productive lunch periods?
A. Have an alcoholic drink only if the client makes the suggestion. B. Monitor the time to avoid monopolizing too much of the buyer's day. C. Conduct part of the sales presentation during lunch using a laptop. D. When lunching alone, use the time to read something relaxing. E. Offer to purchase the customer a lunchtime cocktail or dessert.