In which of the following cases did the court state "the courts retain the
authority to check agency policymaking for procedural compliance and for arbitrariness.
But the courts cannot properly reexamine the wisdom of an agency-promulgated
policy…"?
a. Chevron, U.S.A., Inc. v. Natural Resources Defense Council, Inc.
b. Brock v. Roadway Express, Inc.
c. Gonzalez v. Reno
d. General Motors v. Federal Energy Regulatory Commission
c
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Exhibit 14-12 On January 1, 2016, Jewels, Inc sold $200,000 of its 12% five-year bonds to yield 10%. Interest is paid each January 1 and July 1, and effective interest amortization is used. On May 1, 2018, Jewels, retired $100,000 of the bonds at 104. The book value of the bonds on December 31, 2017, was $212,926. ? Refer to Exhibit 14-12. Which of the following would be included in the
interest accrual entry on May 1, 2018? A) credit to Interest Payable for $3,333 B) debit to Bond Interest Expense for $3,549 C) credit to Discount on Bonds Payable for $4,259 D) debit to Premium on Bonds Payable for $451
_____ is a spontaneous financing granted by sellers when they deliver goods and services to customers without requiring immediate payment.
A. Trade credit B. A revolving credit agreement C. Commercial paper D. A line of credit
Manuel sued Patricia on a promissory note. Patricia admitted signing the note, but raised the defense that Manuel was not a holder in due course. Can Manuel recover without proving that he is a holder in due course?
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Indicate whether the statement is true or false