A valid contract must contain at least four of the six elements of a contract

Core-plus plans consist of ________

A) predesigned packages of benefits that an employee must accept as a whole B) monetary benefits which are linked to one's performance appraisals C) fractions of a company's profit margins determined on the basis of an established formula D) pretax dollars up to the dollar amount offered in the plan that an employee sets apart to pay for particular benefits E) essential benefits and a menu-like selection of other benefits that an employee can choose from

All of the following would be considered investing activities on the statement of cash flows EXCEPT for:

A) purchase of land for cash. B) the sale of equipment for cash. C) the payment of cash dividends. D) the purchase of equipment for cash.