"Fault creep" is caused by:
a. stress and/or earthquake shaking
b. volcanic eruptions
c. lack of water
d. tronadeos
Answer: a. stress and/or earthquake shaking
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Accounts Receivable is a(n) ________ account and has a normal ________ balance
A) liability; debit B) asset; debit C) liability; credit D) asset; credit
Which of the following statements is true of the Convention on Contracts for the International Sale of Goods (CISG)?
A) Parties to a contract can choose to adhere to all or part of the CISG, or they may select other laws to govern their transactions. B) Traditional contracts on sale of goods are not covered by the CISG. C) The CISG is superseded by the Uniform Commercial Code (UCC) in most states. D) The CISG requires a written contract for a sale of goods of $500 or more.