The status of a third party is determined by:
a. the type of contract.
b. whether the third party gave consideration.
c. the reasonable expectations of the third party.
d. the intent of the contracting parties.
d
Business
You might also like to view...
Which of the following is included in the entry to record estimated warranty payable?
A) a credit to Estimated Warranty Payable B) a credit to Merchandise Inventory C) a credit to Warranty Expense D) a debit to Estimated Warranty Payable
Business
To collate innovative ideas for an important business project, a manager creates a database which is not integrated into the enterprise database. The new database is an example of a(n) ________
A) mirror database B) shadow system C) information system D) data warehouse
Business