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Question 1: Discuss the various defenses in contract formation, stating what is required to establish each individual defense, and providing examples of when the defense may be found valid.
Question 2: Sly Salesperson sells cars. While selling a car, Sly Salesperson tells the potential buyer that "this is the best car around. It's a great car and sips gas." The car has an average fuel rating. Has Sly Salesperson committed a misrepresentation? Fraud? Why or why not? Does the analysis change if Sly Salesperson says the car get 40 miles per gallon, but in fact the car only gets 30 miles per gallon?
The other two jobs had not yet been completed at the end of October. Using the direct method, what is the cost of goods sold for October
what would be the account balance in the service revenue account after the following transactions assuming a zero
America Los Rios (age 36) is a single taxpayer, living at 4700 Oak Drive, Sacramento, CA 95841. Her Social Security number is 976-23-5132.
During September 50,000 units were started; 5,000 of these were still in process at the end of September and were 3/5 finished. The equivalent units for the conversion costs in September were:
Write a responsd on Business extending credit to customers is a great thing for a company. It has many benefits from creating customer loyalty and boosting
Calculate the outstanding payroll liability (2 days for each employee). Calculate and record the insurance expense for the two months and Calculate and record the Telephone expense for the two months
Describe Corporate Social Responsibility and Business ethics,Have you ever been faced with an ethical or unprofessional situation?
During the year, RJ sold 3,060 units. What was cost of goods sold using the FIFO cost flow assumption under a periodic inventory system
firm a makes and sells motorcycle. the total cost of each cycle is the sum of the cost of frames assembly and engine.
Complete the following table for the three categories of marketable investment securities:
You have been employed as an entry level management accountant for a little under a year. you suspect that your immediate supervisor is involved in asignificant fraud involving diverting of company assetts to personal use.
compute the taxable income for 2012 for andrea on the basis of the following information. her filing status is single.
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