In interpreting a contract, terms which have been separately negotiated are given priority over standardized pre-printed terms
a. True
b. False
Indicate whether the statement is true or false
True
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The ________ in a net present value analysis refers to the rate by which the cash flows are
reduced to reflect the time value of money. A) discount rate B) inflation rate C) hurdle rate D) reference rate
Performance management activities are
a. A form of disciplinary action b. Impossible for a supervisor to fully master c. Essential to a supervisor's success d. To be avoided except in extreme circumstances
Jane Sisnic hired a landscaping company to design and install landscaping in her backyard. Jane's backyard consisted of about one acre, with one side bordering on her neighbor's property and the remaining two sides bordering on national forest property. Jane walked the chief designer for the landscaper around her backyard and showed him what she thought her property boundaries were. The
landscaping company began its work and in the process of building the fence along Jane's neighbor's property destroyed shrubs that were actually on the neighbor's property, cut down two of the neighbor's trees, and damaged a portion of the neighbor's grass. Who is liable to the neighbors for the damages? A) Jane is liable because of her failure to verify the boundaries of her property. B) No one is liable - these things happen with neighbors. C) Because the acts were unintentional, they did not constitute trespass. D) The surveyor who originally marked the property is liable for the errors.
The amount used by wholesalers to record sales in the general journal is
A. the net price. B. the retail price. C. the list price. D. the original price.