I believe Maria is a third party beneficiary.
Third party beneficiary refers to the group of individuals that have the right to sue for a breach of contract even though they're not directly the original active party to the contract (because they either directly or indirectly affected by the outcome of the agreement)
Answer:
Select the correct statement concerning LIFO liquidations from the following.
a. LIFO liquidations often distort net income and may result in substantial tax payments.
b. LIFO liquidations seldom distort net income and do not result in substantial tax payments.
c. LIFO liquidations often distort net income and do not result in substantial tax payments.
d. LIFO liquidations seldom distort nets income and may result in substantial tax payments.
Explanation:
LIFO liquidation refers to the practice of selling or issuing of older merchandise stock or materials in a company's inventory. Therefore, under the LIFO method, the latest purchased or produced goods are removed and expensed first. And so, the old inventory costs remain on the inventory valuation method.
Im taking the same test so i think it should be D
Answer:
negative correlation
Explanation:
Negative correlation: In statistics, the term negative correlation is described as a specific relationship between two different variables whereby if one variable will increase then the other variable will decrease and vice-versa.
In other words, a negative correlation signifies an inverse or opposite relationship between two distinct variables. If a negative correlation is being denoted with "-1 value" then it would be considered as a "perfect negative correlation".
In the question above, the given statement signifies the negative correlation.
