Brian makes a material misrepresentation of fact regarding his horse to Rosalind while out riding one day. Later that day, Rosalind makes an offer to buy the horse. Brain accepts without correcting his earlier misrepresentation of fact. In this case:
A) Brian may avoid the contract.
B) Rosalind may avoid the contract.
C) either or both Brian or Rosalind may avoid the contract.
D) neither Brian nor Rosalind may avoid the contract.
B
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Which of the following is true of strict liability?
A. The essential element for strict product liability is that the product is not defective. B. Courts never hold the retailer liable if the manufacturer is available for suit. C. Most states hold that plaintiffs can recover for purely economic losses under strict liability. D. The application of strict liability varies among states.
The economic resources to which the owners have claim are represented by stockholders' equity
Indicate whether the statement is true or false
Funky Music purchased $25,000 of equipment for cash. The asset account, Equipment, is ________ for $25,000 and the Cash account is ________ for $25,000.
Fill in the blank(s) with the appropriate word(s).
Which of the following is a key component of output in the input-process-output model?
A. performance as rated by those outside of the team B. How well the organization’s needs are met. C. performance as rated by those inside of the team D. the willingness of team members to accept turnover