A legal right that arises out of a breach of contract may be assigned
Indicate whether the statement is true or false
TRUE
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Anders has assembled a task force that is composed of people who don't know each other well. He should expect this group to make better decisions if
A. it is a large group. B. the members have common knowledge. C. the group is very confident. D. time pressure is high. E. individuals have unique, specialized knowledge.
If, after performing an environmental assessment, a federal agency concludes that an EIS is not required, the agency must engage in "scoping."
a. True b. False Indicate whether the statement is true or false
The UCC requires that all contracts for the sale of goods must be in writing
Indicate whether the statement is true or false
Carriveau Corporation's most recent balance sheet appears below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Current assets: Cash and cash equivalents$31 $34 Accounts receivable 73 67 Inventory 74 64 Total current assets 178 165 Property, plant, and equipment 456 370 Less accumulated depreciation 207 196 Net property, plant, and equipment 249 174 Total assets$427 $339 Liabilities and stockholders' equity: Current liabilities: Accounts payable$49 $56 Accrued liabilities 19 20 Income taxes payable 26 24 Total current liabilities 94 100 Bonds payable 152 200 Total liabilities 246 300 Stockholders' equity: Common stock 35 30 Retained
earnings 146 9 Total stockholders' equity 181 39 Total liabilities and stockholders' equity$427 $339 Net income for the year was $172. Cash dividends were $35. The company did not sell or retire any property, plant, and equipment during the year. The net cash provided by (used in) operating activities for the year was: A. $246 B. $183 C. $(11) D. $161