The one year period for determining whether a contract is required to be in writing under the
Statute of Frauds is measured from the date that:
A) Performance begins until it is actually completed.
B) The contract is formed until its stated completion date.
C) Performance begins until its stated completion date.
D) The contract is formed until it is actually completed.
B
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Crusoe Waterworks Corporation provides plumbing services. Transactions of Crusoe Waterworks during the first year of operations are given below
a) Received $4,000 cash and issued common stock to Robinson b) Paid $3,000 cash for equipment to be used for plumbing repairs. c) Borrowed $27,000 from a local bank and deposited the money in the checking account. d) Paid $900 rent for the year. e) Purchased $1,000 of office supplies on account. f) Completed a plumbing repair project for a local lawyer and received $3,200 cash. Calculate the amount of total stockholders' equity after recording the transactions. Assume office supplies of $1,000 are left at the end of the year. A) $6,300 B) $3,200 C) $4,000 D) $27,000
The first stage in development of a retail strategy should be to determine the retailer's _____
a. most appropriate target market b. short-run objectives c. long-run objectives d. type of business and orientation of the firm