Access Can Store E-Mail Addresses Inside a Database Field by Using

question 5

Multiple Choice

Access can store e-mail addresses inside a database field by using the ________ data type.

• A)E-mail
• B)Attachment
• C)OLE Object
• D)Hyperlink

Calculate gross margin and distinguish it from contribution margin.

Apply the concept of relevant range in cost analysis.

Understand how to calculate and analyze gross margin.

Understand how to calculate and analyze net operating income.

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Definitions:

Illusory Consideration

An apparent promise or agreement that lacks a real commitment and therefore does not form a binding contract.

Adequacy of Consideration

An evaluation of whether something of legally sufficient value has been given in exchange for a promise or action, as part of a contract.

Fair Market Value

An estimate of the market value of a property, based upon what a knowledgeable, willing, and unpressured buyer would probably pay to a knowledgeable, willing, and unpressured seller in the market.

Unilateral Contract

A type of contract in which only one party makes a promise or undertakes a performance in exchange for an act, rather than a promise, from the other party.