What does a continuing guarantee clause in a standard form bank guarantee form means?
A) The guarantor will be liable for any future money lent by the bank to the principal debtor.
B) The guarantor will not be liable for repayment if she gives notice to that effect to the bank.
C) The common law rules respecting guarantees do not apply
D) Both A and C
E) Both B and C
A
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At the beginning of the year, Rupert Manufacturing had the following account balances
Work-in-Process Inventory 2,000 Finished Goods Inventory 8,000 Manufacturing Overhead 0 Cost of Goods Sold 0 Sales Revenue 0 The following additional details are provided for the year: Direct materials placed in production $ 80,000 Direct labor incurred 190,000 Manufacturing overhead incurred 300,000 Manufacturing overhead allocated to production 295,000 Cost of jobs completed 500,000 Jobs sold for total revenue of 750,000 Cost of jobs sold 440,000 The remaining balance of Manufacturing Overhead was adjusted to zero. Calculate the ending balances in Work-in-Process Inventory, Finished Goods Inventory, Manufacturing Overhead (unadjusted), and Cost of Goods Sold (after adjustment.) What will be an ideal response
Briefly explain what job candidates should expect in behavioral interviews and situational interviews
What will be an ideal response?