The UCC imposes special business standards on merchants because of their relatively high degree of commercial expertise.
Answer the following statement true (T) or false (F)
True
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When Banks, a dealer in antique furniture, stores goods in a commercial warehouse, it is a bailment for the:
A. mutual benefit of Banks and the commercial warehouse. B. sole benefit of the commercial warehouse. C. sole benefit of Banks. D. mutual benefit of the government and the commercial warehouse.
The economic digital divide in the United States has been growing since the turn of the millennium.
Answer the following statement true (T) or false (F)
__________is the loss of power in a signal as it travels from the sending device to the receiving device
A) Attenuation B) Convergence C) Throughput D) Bandwidth
Discount-Mart issues $10 million in bonds on January 1, 2021. The bonds have a ten-year term and pay interest semiannually on June 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds:DateCash PaidInterest ExpenseIncrease in Carrying ValueCarrying Value01/01/2021 $8,640,967 06/30/2021$300,000 $345,639 $45,639 8,686,606 12/31/2021 300,000 347,464 47,464 8,734,070 06/30/2022 300,000 349,363 49,363 8,783,433 12/31/2022 300,000 351,337 51,337 8,834,770?What is the interest expense on the bonds in 2021?
A. $347,464. B. $600,000. C. $693,103. D. $345,639.