________ Is Generally Taken to Mean the Absence of Meaningful

question 21

Multiple Choice

________ is generally taken to mean the absence of meaningful choice together with terms unreasonably advantageous to one of the parties.

• A)Unconscionability
• B)Illegality
• C)Adhesion
• D)Rescission

Comprehend the treatment of goodwill in consolidation and how goodwill impairment works.

Calculate consolidated net income including understanding the impact of subsidiary earnings and amortizations.

Understand how the partial equity method affects the investment account.

Comprehend the treatment of excess consideration transferred over book value.