The sum of all the depreciation expenses recorded to date for a depreciable asset is called residual value

A minor signed a written sales contract to purchase a parcel of property from an adult seller. After the contract was signed, the seller learned the buyer was a minor and declared he contract void. Is the seller's action permissible?

A. Yes, the agreement is void because the buyer is minor. B. Yes, the buyer violated the statute of frauds by not disclosing their age. C. No, the agreement is binding on both parties and cannot be voided by either party. D. No, in this situation only the minor may void the agreement.

Motivation involves which of the following behaviors?

A. Choice to expend effort B. Choice of level of effort C. Choice to persist in the expenditure of that level of effort D. All of the above