Which of the following forms of business organization has the greatest ability to attract new
capital?
A) sole proprietorship B) general partnership
C) limited partnership D) corporation
D
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The language of the FTCA allows the Consumer Financial Protection Bureau (CFPB) to bring antitrust enforcement actions against business conduct prohibited by the Sherman and Clayton Acts
Indicate whether the statement is true or false
Under which of the following categories would bonds held as an investment for more than a year appear?
A) Current assets B) Long-term liabilities C) Long-term assets D) Current liabilities
Jesse purchases Erica's house and in so doing assumes the mortgage. Which of the following is true?
a. Only Jesse is personally liable to pay the mortgage. b. Only Erica is personally liable to pay the mortgage. c. Erica and Jesse are both personally liable to pay the mortgage. d. Erica is liable only if Jesse defaults on paying the mortgage.
The law assumes that respective performances under a contract are concurrent conditions, unless there is an agreement to the contrary
Indicate whether the statement is true or false