Ed signs a 10-year lease with a survival clause. If Ed is evicted after 2 years, he will have to pay rent:

A) for the remaining 8 years.
B) for the period of time until it is relent.
C) until eviction.
D) until he assigns the lease.


B

Business

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The primary advantage of the American Community Survey is that:

A) it will be a new form that is more interesting to people B) new, more important questions will be asked C) it will provide data annually instead of once every ten years D) more people will be able to understand the questions E) it will be translated into more languages

Business

Under what circumstances is a contingent liability reflected in the accounting records as though an actual liability exists?

Business

The capital expenditures budget summarizes future plans for acquisition of fixed assets

Indicate whether the statement is true or false

Business

Which of the following statements about the various kinds of risks is correct?

A. Economic risk is a market risk, hence it should not be rewarded by the market. B. A firm's default risk is a diversifiable risk, hence it should be rewarded by the market. C. Exchange rate risk is a diversifiable risk, hence it should not be rewarded by the market. D. Inflation risk is an unsystematic risk, hence it should not be rewarded by the market. E. Interest rate risk is a systematic risk, hence it should be rewarded by the market.

Business