A payable involves a future receipt of cash.

a. true
b. false

Answer: b. false

Business

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While signing a contract, one of the parties misinterpreted a legal clause. Neither of the parties is a legal professional. Which of the following statements holds well in this scenario?

A) The party who misinterpreted the law is actionable for fraud. B) The party who misinterpreted the law may rescind the contract. C) The party who misinterpreted the law is not actionable for fraud. D) The contract is declared unenforceable as the law has been misinterpreted.

Business

In a maximal flow problem, the right-hand side of the flow balance constraints equals 1

Indicate whether the statement is true or false

Business