Sundry's department store orders one hundred dresses from Taylor's Clothing Company. The contract does not expressly state when title to the goods will pass. Title passes when
A) Sundry's signs the contract
B) Taylor's signs the contract.
C) Taylor's delivers the goods.
D) Sundry's pays for the goods.
C
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For improper execution or failure to execute payment orders, banks can be liable to:
A. the originators for consequential damages. B. the beneficiaries for their incidental expenses. C. the originators for their expenses in the transaction along with incidental expenses and interest losses. D. both the originators and beneficiaries for consequential damages, even though the written agreement of the receiving bank does not provide for it.
Martinez Installations Company uses the direct method to prepare its statement of cash flows
Martinez has reported sales revenues of $200,000 on its income statement for 2017. If the balance in Accounts Receivable has increased by $10,000 during the year, then $10,000 needs to be added to $200,000 to calculate collections from customers. Indicate whether the statement is true or false
The consumer market basket of goods and services, in which the consumer price index (CPI) measures the change in weighted-average price over time, is created by the U.S. Bureau of Labor Statistics.
Answer the following statement true (T) or false (F)
To create a table, type the command DESCRIBE TABLE followed by the name of the table to be created and then by the names and data types of the columns that will comprise the table
a. True b. False Indicate whether the statement is true or false