Worksheet procedures for a merchandising business using the perpetual inventory system are different from the worksheet procedures for a service business

Indicate whether the statement is true or false

FALSE

Business

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The ________ states that an executory contract which cannot be performed by its own terms within one year of its formation must be in writing

A) parol evidence rule B) common law of contracts C) merger clause D) one-year rule

Business

Trade Related Aspects of International Property Rights (TRIPS) protects trademarks for both goods and services

Indicate whether the statement is true or false

Business