End-user computing is an example of strategic information systems use that works inward
Indicate whether the statement is true or false
TRUE
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Under the Uniform Commercial Code (UCC), minors who disaffirm their contracts involving goods:
a. must return the consideration received even if the goods have been stolen from them (in such a situation, the minor must return like kind or value). b. must return the consideration received even if the goods have been consumed (in such a situation, the minor must return like kind or value). c. can reclaim the goods from third parties. d. can no longer reclaim those goods from innocent third parties.
A firm's year-end retained earnings balances are $320,000 and $400,000, for 2014 and 2015 respectively. The firm reported net profits after taxes of $100,000 in 2015. The firm's dividend payment for 2015 is ________
A) $0 B) $20,000 C) $80,000 D) $100,000