An Increase in the Current Liabilities to Total Assets Ratio

question 267

Multiple Choice

An increase in the current liabilities to total assets ratio has the effects of ________ on profits and ________ on risk.

• A) an increase; an increase
• B) an increase; a decrease
• C) a decrease; a decrease
• D) a decrease; an increase

Understand the role and rules surrounding promissory estoppel in offers and acceptances.

Identify the legal requirements and effects of options and firm offers.

Understand how courts determine whether a proposal qualifies as an offer.

Recognize the effects of actions such as rejection, revocation, and acceptance on the viability of an offer.

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Definitions:

Libel

Defamation in writing or other published form, such as videotape.

Defamation

A false statement presented as a fact that causes injury or damage to the reputation of the person or entity it targets.

Intent to Confine

The deliberate aim or plan to restrict someone's freedom of movement, often a critical element in kidnapping charges.

Actual Confinement

The physical detention of a person within a facility such as a prison or jail.