Chapter 10 Contracts TEST BANK 1. The ______________ evolved in commerce over the centuries. a. law of contracts b. law of commerce c. law of trade d. law of documents e. law of freedom ANSWER: a (page 262) National: AACSB Analytic; Communication; AICPA BB-Legal 2. The ______________ evolved in commerce over the centuries. a. law of invention b. law of commerce c. law of trade d. law of documents e. none of the other choices are correct ANSWER: e (page 262) National: AACSB Analytic; Communication;
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TEN COMMANDEMENTS (KANTER‚ STEIN AND JICK 1992) 1. Analyze the organization and its need for change. Managers should understand an organization’s operations‚ how it functions in its environment‚ what its strengths and weaknesses are‚ and how it will be affected by proposed changes in order to craft an effective implementation plan. 2. Create vision and common direction. One of the first steps in engineering change is to unite an organization behind a central vision. This vision should reflect the
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Ben Franklin vs. Sam Adams Benjamin Franklin and Sam Adams both contributed a great amount to the American Revolution‚ but who was more important? Well‚ personally‚ I believe that Sam Adams contributed just a little more than Franklin. Though Franklin did a lot‚ Adams did more for the country of America as a whole. During the Revolutionary War‚ Ben Franklin became Pennsylvania’s representative to the Second Continental Congress. He was one of the five members that drafted the Declaration of Independence
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by their neighbours. This is more so because they share the relatively limited economic space in world markets. In this unit‚ we will compare India’s developmental experiences with two of its important and strategic neighbours — Pakistan and China. 10 C OMPARATIVE DEVELOPMENT EXPERIENCES OF AND ITS NEIGHBOURS INDIA After studying this chapter‚ the learners will • figure out comparative trends in various economic and human development indicators of India and its neighbours‚ China and Pakistan •
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The Use and Abuse of Visual Culture in Adult Cartoons The Oxford dictionary defines visual as “A9 picture‚ piece of film‚ or display used to illustrate or accompany something” and culture as “The arts and other manifestations of human intellectual achievement regarded collectively”. However there isn’t a definition for visual culture in the oxford dictionary. This is because Visual culture is limitless and ever changing which makes it difficult to define. An attempt to define visual culture is a
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NORTHCENTRAL UNIVERSITY ASSIGNMENT COVER SHEET Learner: Jenn McReynolds THIS FORM MUST BE COMPLETELY FILLED IN Please Follow These Procedures: If requested by your mentor‚ use an assignment cover sheet as the first page of the word processor file. The assignment header should include the Learner’s last name‚ first initial‚ course code‚ dash‚ and assignment number (DoeJXXX0000-1) justified to the left and the page number justified to the right. Keep a Photocopy or Electronic
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How sensitive is return on capital to the forecast assumptions in case Exhibit 8? An increase in cash operating expenses decrease NOPAT‚ which in turn makes ROC extremely sensitive when this ratio goes up; in general when total operating expenses go up NOPAT goes down‚ thus ROC goes down. In addition if the COGS increase this drastically drops ROC. The total assets has a big impact on ROC an increase of 1000m increased ROC by a full 1.5 percent. The ROC is also very sensitive to the Price to Earnings
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Internal control and accounting systems Mapping of your evidence to outcomes and criteria Title (and reference number) Level 4 Learning outcomes – learners will: Assessment criteria – learners can: 1.1 Describe the purpose‚ structure and organisation of the accounting function and its relationships with other functions within the organization. Explain the various business purposes for which the following financial information is required • income statement (profit and loss account) • forecast of
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They say in one’s life we all make choices‚ but in the end‚ our choices make us. You’re about to embark with me onto to curvy road of my life. This is my life as i see it in ten years into the future. This is my story‚ As a senior in high school‚ I am barely thinking about how my life will be like until now. I have a lot of friends that would severly miss me after we have moved on‚ but only a few would stay by my side forever. Many of my friends were going to college when fall came back around
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Module Ten: Text Questions Review Questions 1. What is a questioned document? Describe at least one example of something that might be a questioned document. A questioned document is any document that might be under question or suspected of being a forgery. Many times they can be letters‚ driver’s licenses and sometimes lottery tickets. 2. What is an exemplar? What are the best types of exemplars? An exemplar is an original document that is used as comparison for the questioned document. The best
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