Niece M persuaded her elderly Aunt A to buy a grossly overpriced condominium. Niece M knew the price was too high, but Niece M received a commission on the sale from the seller. Aunt A may complain of

a. actual fraud and undue influence.
b. negligent misrepresentation.
c. constructive fraud.
d. commercial frustration.

Answer: a. actual fraud and undue influence.

Business

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The primary ledger, when used in conjunction with subsidiary ledgers, that contains all of the balance sheet and income statement accounts.

What will be an ideal response?

Business

All of the following about multiple regression are true EXCEPT:

A) R2 cannot be less than the highest bivariate r2 between an independent variable and the dependent variable. B) R2 will be larger when the correlations between independent variables are low. C) If the independent variables are uncorrelated, then R2 will be the sum of the bivariate r2 of each independent variable with the dependent variable. D) Adjusted R2 adjusts for the number of independent variables and sample size. E) R2 can decrease as more independent variables are added to the regression equation.

Business