【单选题】______are liabilities which are incurred, but for which payment is not yet made, during a given accounting period. Some examples in a manufacturing environment would be: wages, taxes, etc.
【单选题】In contract law, the ‘part-payment problem’ refers to the general rule that payment of a smaller sum does not discharge a debt of a greater amount. Which of the following is NOT an exception to this r...
A.
where payment is made by a 3 rd party
B.
where both parties agree to a lower sum in full and final settlement
C.
Where is accord and satisfaction
D.
Where the equitable doctrine of promissory estoppel applies