Answer:
A. Undue influence
Explanation:
Undue influence in law of contract is when a person uses his or her position of power to take advantage over another person. It is an act of influencing the other party in a contractual relationship. There must be a relationship between both parties before undue influence can take place.
In law of contract, if a person is a victim of undue influence, the person has the right to rescind the contract provided same can be proven in a court of law.
Example of undue influence is when a person is not given parts of properties due to him or her in a family's will, whereas he or she is entitled to it.
KAJ Incorporated purchased a machine costing $250,000 by paying $35,000 and signing a $215,000 note payable. How would this transaction be reported within the cash flow from investing activities section of the cash flow statement? ... It would not be reported in the investing activities section of the cash flow statement.
Answer:
Mass Distribution
Explanation:
Mass distribution strategy is one of three approaches to distribution in marketing. It is engaged where an organisation seeks to sell its goods to as many customers as possible. Intermediaries with very wide market base are usually the targets for such organisations.
Answer:
Journal Entry
Dr. Contingent Consideration Liability $500,000
Cr. Goodwill $500,000
Explanation:
It is assumed that the decline in the fair value is the correction of the acquisition entry. It means due to this event the consideration liability and goodwill are overstated we need to rectify the balances.
Hence,
The contingent consideration liability will be debited to reduce the liability and goodwill will also be decreased by crediting the goodwill account.