Tying arrangements and cross-licensing are unlawful because they tend to reduce competition

Only one party need to give an agreement in order for a contract to be enforceable.

a. true b. false

The following information has been provided by Squash Corporation

Direct Labor $6,000 Direct Materials Used 3,000 Raw Materials Purchased 9,000 Cost of Goods Manufactured 13,000 Ending Work-in-Process Inventory 1,400 Corporate Headquarters' Property taxes 900 Manufacturing Overhead Incurred 400 The beginning balance of Work-in-Process Inventory account was ________. A) $4,500 B) $5,000 C) $21,000 D) $9,400