16-year-old frank bought a video game console from john for $150. frank is a minor, while
john is a competent adult. a month later, the console started malfunctioning on its own. frank
returned the console to john. if frank disaffirms his contract with john for buying the console,
which of the following will be considered true?
a) john is not bound by the contract any more as the exchange has been completed.
b) frank can reclaim full refund of the amount he paid.
c) frank can only ask for full refund once he has reached the age of majority.
d) frank is legally obligated to fix the console before returning it to john.

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?

Match the different financial task to their corresponding financial life cycle phases

Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.