Express contracts occur when:
a. the contract is created by more than two parties b. the contract is created quickly
c. there is a written or oral expression of intent by the parties to enter into a legally binding agreement d. there is a written or oral expression of intent by the parties to enter into a nonbinding agreement
e. none of the other choices are correct
c
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Which of the following is an example of an experiential training method?
A. John and his colleagues take part in a rafting course sponsored by their company. B. Kristin and five other managers are tasked to study a business problem and present recommendations. C. Jason is asked to review videos of other employees exhibiting certain important behaviors related to the workplace. D. Katy uses an online persona to make decisions in game simulations involving job-related situations. E. Maggie, a cashier, is being trained to stock shelves in case there is a shortage of employees.
Power distance concerns the way the culture deals with unequal distribution of power.
Answer the following statement true (T) or false (F)
When an accountant is asked to compile financial statements that omit substantially all of the required disclosures, which of the following actions is appropriate?
a. The CPA cannot accept the engagement. b. The CPA may accept the engagement. c. The CPA may accept the engagement if the CPA believes the omission is not undertaken to mislead users. d. The CPA must express an adverse opinion.
What are two kinds of feedback that should be provided?
What will be an ideal response?