When a buyer breaches a contract, the risk of loss immediately shifts to the buyer
Indicate whether the statement is true or false
True
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The amount of cash provided from operating activities is_____________under both the direct and indirect methods
Fill in the blank(s) with correct word
In a SWOT analysis, which of the following would be considered a strength?
A) internal limitations B) trends in the market C) favorable factors in the environment D) factors that challenge the company's performance E) internal resources
The ________ is an order of the court notifying the defendant of the pending case and telling him or her how and when to respond to the complaint
A) summons B) complaint C) temporary injunction D) permanent injunction
Wheels Enterprises, a car manufacturer, is a closely held corporation. Profits are taxed to the owners as ordinary income but not to the corporation as a unit
The owners have mutually agreed that their total number will never exceed 35 and that none of the shareholders can be a non-resident alien. In this scenario, Wheels is an example of a(n) ________ corporation. A) professional B) Subchapter S C) eleemosynary D) Subchapter C