Pruit performs a contract with Quint to reshingle the roof on Quint's house, but Quint does not pay. Pruit notifies Quint that the property will be sold to satisfy the debt. This is
A. a judicial lien.
B. a mechanic's lien.
C. an artisan's lien.
D. a violation of most state laws.
Answer: B
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Who are the users of the financial statements?
a. Management. b. Auditors. c. Taxing Authorities. d. Both A and C.
A company would need to record an impairment loss for its equipment when
a. the original cost of the equipment exceeds its fair value and is deemed not recoverable. b. management determines that the equipment will no longer be used. c. the carrying amount of the equipment exceeds its fair value and is deemed not recoverable. d. the cash flows from the equipment are less than its fair value.
Promoting the use of sustainable ingredients, recycling and reducing solid wastes, and managing energy consumption relate to the consumer's right to ________
A) not buy a product that is offered for sale B) be well informed about important aspects of a product C) consume now in a way that will preserve the world for future generations D) be protected against questionable products and marketing practices E) influence marketing practices in ways that will improve quality of life
The world is a product of:
a. the way that we see it b. concrete sense c. other’s thoughts d. physical barriers