Competition between manufacturer and dealer brands may result in a retailer's _____

Treasury stock should be reported as a(n)

a. current asset. b. investment. c. other asset. d. reduction of stockholders' equity

Which of the following groups is legally deprived from directly entering into contracts?

A) minors B) persons adjudged insane C) persons with alternating states of sanity and insanity D) intoxicated persons