Treasury stock should be reported as a(n)

Which of the following is most likely a characteristic of Generation Xers?

A) They were the first group to grow up in the Internet era. B) They comprise a considerably larger population than the baby boomers. C) They prefer quantity over quality of products. D) They are the least educated generation to date. E) They are generally unreceptive to ad pitches that make fun of tradition.

If a judge rules that a party has lost its case because of the Statute of Frauds, the judge has

essentially stated that: A) The losing party was found by the court to have lied, and will therefore lose the case. B) The winning party has proven criminally fraudulent conduct on the part of the losing party. C) The losing party cannot enforce an oral contract that should have been in writing. D) The losing party will not be allowed to introduce evidence to contradict a written agreement. E) The losing party purposely deceived the other party about a material fact.