Case Study 7-1 Your Neighbor Is Using Her Computer to Buy Gifts for Buy

question 5

Multiple Choice

Case Study 7-1
Your neighbor is using her computer to buy gifts for her teenage son.  There is only one family computer and she wants to keep the gifts a surprise.  She seeks out your help.
-She also asks you how to share the webpages she has visited so other family can order gifts too.  You tell her to

• A) Double-click the web page.
• B)  Click the 'Save and Send' button on the toolbar.
• C) Click the Share button on the address bar.
• D)  Double-click the Share button on the taskbar.

Understand the role and enforcement of assignments in contract law.

Evaluate the significance of intention and interpretation in resolving contract ambiguities and disputes.

Analyze the impact of fraudulent misrepresentation on contract enforceability.

Grasp the concept of novation and its function in altering the terms or parties of a contract.

---

Definitions:

Scenario Analyses

The process of evaluating and analyzing possible future events by considering various alternative outcomes or scenarios.

Cash Flow

The total sum of money and money-like assets that move into and leave a company.

Average Collection Period

The approximate amount of time that it takes for a business to receive payments owed, in terms of receivables, from its customers and clients.

Accounts Receivable

Represents money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.