Lara Technologies is considering a cash outlay of $250,000 for the purchase of land, which it could lease out for $35,000 per year. If alternative investments that yield a 12% return are available, the opportunity cost of the purchase of the land is
Which application of the lower of cost or market rule will generally result in the highest valuation for the ending inventory?
A) to each item of the inventory B) to each major category of inventory C) to the total inventory D) all of these applications result in the same valuation for inventory
As described by Lawrence Kohlberg in the text, of the three main phases in moral development, the one that focuses on personal gain and avoiding punishment is the ___ phase.
A) post conventional B) conventional C) preconventional D) social E) personal
The doctrine of unconscionability has evolved through its application by the courts to include:
A) contract negotiating procedures and good faith. B) substantive contract terms and duress. C) good faith and freedom of contract. D) contract negotiating procedures and substantive contract terms .