In some states, minors are liable for contracts involving bank accounts and student loans and cannot avoid these contracts even though they can avoid other types of contracts
Indicate whether the statement is true or false
True
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NAFTA and the EU are both
A. greenfield ventures. B. world banks. C. terrorist-monitoring associations. D. monetary funds. E. trading blocs.
Consumers make approximately 60% of all purchase decisions in the retail store.
Indicate whether the statement is true or false.
______ represents a significant source of change for organizations with the rise of the multinational corporation.
A. Globalization B. Economy C. Flexibility D. Communication
Jeffreys Company reports depreciation expense of $57,000 for Year 2. Also, equipment costing $191,000 was sold for a $11,700 loss in Year 2. The following selected information is available for Jeffreys Company from its comparative balance sheet. Compute the cash received from the sale of the equipment.At December 31Year 2Year 1Equipment$695,000? $886,000? Accumulated Depreciation-Equipment 496,000? 585,000?
A. $33,300. B. $77,300. C. $56,700. D. $57,000. E. $45,000.