Saturday 21 January 2017

WEEK 2 QUIZ LATEST ACCOUNTING 575

hwassociate.blogspot.com WEEK 2 QUIZ LATEST ACC 575

WEEK 2 QUIZ LATEST ACC 575 You can download the complete assignment and other assignment writing services:

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On May 25, Fresno sold Bronson, a minor, a used computer. On June 1, Bronson reached the age of majority. On June 10, Fresno wanted to rescind the sale. Fresno offered to return Bronson’s money and demanded that Bronson return the computer. Bronson refused, claiming that a binding contract existed. Bronson’s refusal is:
Which of the following contract rights can generally be assigned?
To satisfy the consideration requirement for a valid contract, the consideration exchanged by the parties must be

King sent Foster, a real estate developer, a signed offer to sell a specified parcel of land to Foster for $200,000. King, an engineer, had inherited the land.
On the same day that King’s letter was received, Foster telephoned King and accepted the offer. Which of the following statements is correct under the Statute of Frauds?

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