Chapter 12.4, Problem 2CQ

which of the following is true? a.When what is to be delivered is a generic thing, the creditor may ask a person other than the debtor to perform the obligation. b.Dolo incidente relates to the fraud committed at the time of the perfection of a contract. c.When negligence is imputed as a cause for the breach in an obligation, the same is presumed.

Which of the following is NOT a possible legal risk that can arise because of a fraud investigation conducted in an improper manner? A. Forcible entry and detainer. B. Invasion of privacy. C. Defamation. D. Malicious prosecution.

Why do you think the loan officer suspected that the accounts had not been adjusted prior to the preparation of the statements?

Does the coverage of the Statute of Frauds make sense as it currently stands? Would it be better to expand the law and require that all contracts be in writing? Or should the law be done away with altogether?

How do you think the miss statement of fines will impact the important statement and balance sheet.

Why is it necessary to account for dubious accounts in receivables accounting? Is it really necessary? Give an explanation for your response. Please explain exact answer

Which of the following statement is not true about the del-credere commission? Select one: a. If del-credere commission is allowed, bad debt will be debited in consignment account b. Del-credere commission is generally relevant for credit sales c. If del-credere commission is allowed, bad debt will not be recorded in the books of consignor d. Del-credere commission is allowed by consignor to consignee

Please explain in detail.  .  Unsecured creditors: have rights to be paid amounts owed, but the rights may have to be enforced through the courts face significant risk, and accordingly unsecured credit is very unusual have no rights in the event that the debtor defaults only have the recourse of severing business ties with the defaulting debtor

For what reasons is it a wise policy to keep credit appraisal and sanctioning from the work out function?  Explain clearly, in points. No plagiarism.