Goods on consignment should be included in the inventory of
A promise to grant a license is most likely indistinct if
[A] The license is not integral to the functionality of a tangible good.
[B] The customer can benefit from the license separate from other related services.
[C] This performance obligation is satisfied over the time.
[D] The customer can benefit from the license on its own and the license is separately identifiable.
[S1] The insurer of an insurance contract becomes the policy holder in a reinsurance contract. [S2] Retrocession is where the insurance risk is transferred from one reinsurer to another reinsurer.
[A] both are true
[B] both are false
[C] S1 is true
[D] S2 is true
Goods on consignment should be included in the inventory of
[A] The consignor but not the consignee,
[B] Both the consignor and consignee.
[C] The consignee but not the consignor.
[D] Neither the consignor nor the consignee.
Which of the following is not a criterion required to recognize that a contract with a customer is created?
[A] The contracting parties have approved the contract either in writing, orally or implied in customary business practice.
[B] The parties are committed to the contract.
[C] The contract allows the franchisor to expect future I
[D] The customer has the abil in the execution of the contract.
and intention to pay in cash the consideration on the contract date.
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