A fee tail (at common law) is inheritable only by lineal descendants

Indicate whether the statement is true or false


True

Business

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Fixed Asset Systems must keep track of the physical location of each asset to promote accountability

Indicate whether the statement is true or false

Business

Answer the following statements true (T) or false (F)

Research on the smoothing of year-to-year income suggests that operating income is better predicted by operating rather than all-inclusive income.

Business

A major disadvantage of a merchandising philosophy is that _____

a. coordination of buying and selling may be impaired b. responsibility for success or failure may be unclear c. buying and selling functions require different skills d. communication between selling and buying staff may be unclear

Business

A majority vote wins a union election

Indicate whether the statement is true or false

Business