A vertical fashion trend assumes that _____
a. a fashion is passed from the upscale customers to the mass market
b. New York is the fashion capital of the world
c. innovative customers may come from any social class
d. merchandise must be sold across the social class spectrum
a
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The liability of the accountant can be both civil and criminal.
Answer the following statement true (T) or false (F)
Briefly explain the liabilities of general and limited partners in a limited partnership
What will be an ideal response?
Fact Pattern 28-2BRico signs a lease on behalf of Start-Up Games, Inc., with Tower Office Suites. As part of the lease, Rico signs a document titled "GUARANTY," which states that it is "an absolute guaranty" of the lease's performance.Refer to Fact Pattern 28-2B. The reason for the result in the previous question is that
A. Rico signed a "GUARANTY." B. Tower Office Suites owns the property and can re-rent the premises. C. the other tenants can equitably absorb a slight increase in rent. D. Start-Up will likely move out when it stops paying the rent.
If a company usually sells its accounts receivable, it records any factoring commissions as a(n)
A. loss. B. expense. C. receivable. D. liability.