A key player in the cell phone business who could have been first to market with a cell phone camera is:

Madeline very much wants to be a franchisee of BurgerBarn, a popular chain-style business operation. BurgerBarn shows Madeline the franchise contract, which includes the requirement that all franchisees obtain materials and supplies exclusively from BurgerBarn. Madeline objects to this provision. This contract term is:

a.) unenforceable because it violates antitrust laws. b.) unenforceable because it violates the Federal Trade Commission's (FTC) Franchise Rule. c.) enforceable because franchisees cannot negotiate contract terms with franchisors d.) enforceable because franchisors are permitted to require franchisees to obtain materials and supplies only from them.

The accountant of Skyscrapers Architectural Services failed to make an adjusting entry to record $7,000 of depreciation expense. Which of the following statements is true?

A) The total liabilities will be overstated. B) The equity will be understated. C) The total assets will be overstated. D) The total assets will be understated.