When using the LIFO inventory costing method, ending merchandise inventory will be the lowest, as compared to FIFO and weighted-average inventory costing methods, when costs are increasing

For business purposes, an adult may petition a court to treat minors as adults

Indicate whether the statement is true or false

If a party does not fulfill their obligations as set forth in a sales contract, it is known as: A) non-payment

B) termination. C) non-performance. D) all of the above.