Answer: True
Explanation: The full disclosure principal states that any material information, that can affect the judgement of a rational investor or other stakeholder, must be stated in the financial statement.
These disclosures can be made on press releases, supplementary reports and other such communications etc.
Hence, from the above we can conclude that the given statement is true.
Answer:
1- The UCC contract formation includes offer, acceptance and consideration.
Explanation:
Elements "Offer" and "Acceptance" together form mutual assent. Also, in order to be enforceable, the contract must be for a legal purpose and parties to the contract must have capacity to enter into the contract, that part is related to consideration.
Offer → gives power of acceptance to another party, besides it includes the agreement´s essential elements (they have to be definite and certain).
Acceptance → must be a mirror image of the offer.
Consideration → All common-law contract must contain this element as a valid one. It means that there must be a bargained for interexchange of acts or promises, both parties incurring new legal detriment or obligations as a consequence of the contract.
Answer:
Coat Tech’s workers have Sequential interdependence..
Explanation:
Sequential interdependence occurs when one unit in the overall process produces an output necessary for the performance by the next unit.
B. External reference price
In "external reference price”, sellers price items by comparing the prices to those found outside of this shopping situation.
External reference prices are usually set up with the format “compare to $ …”.
Bob’s <span>Tropical Fish Store is referencing external reference price of $65, and comparing it to its lower price of $45.
</span>
The problem wants to find out the cash flow per period that
Robert will make from his 40th birthday until his 65th
birthday. We know that he wants to get $500,000 by his 65th birthday
thus this is the future value of his money. To solve for the cash flow per
period, the equation is Future value = Annuity * [((1+i)^n-1)/i]. The n is the
number of payments Robert would make which is 25. The answer would be $3749.98.
