The future value of a $2,000 annuity due deposited at 8 percent compounded annually for each of the next 10 years is ________

A) $28,974
B) $31,291
C) $14,494
D) $13,420


B

Business

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Forum non conveniens is ________

A) a doctrine that allows a case to be moved from a state court to a federal court B) applicable only for cases falling under exclusive federal jurisdiction C) a doctrine that allows a change in venue of the case D) granted regardless of the judge's opinion

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Accounts Receivable has a balance of $32,000, and the Allowance for Bad Debts has a credit balance of $3,500

The allowance method is used. What is the net realizable value of Accounts Receivable before and after a $2,100 account receivable is written off? A) $28,500; $28,500 B) $26,400; $26,400 C) $28,500; $26,400 D) $26,400; $30,600

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An easement in gross is personal to the one individual who obtained that right and will not pass to another owner of the property

Indicate whether the statement is true or false

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Punitive damages in breach of contract cases are based on a tort, not the breach itself

a. True b. False Indicate whether the statement is true or false

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