Your auto insurance does not cover you when you are driving someone else's car without their permission

Indicate whether the statement is true or false.


TRUE

Business

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Available-for-sale (AFS) debt investments that are expected to be held longer than a year are reported as ________.

A) equity B) current assets C) long-term assets D) either current assets or long-term assets

Business

The expenses incurred by an accounting firm would appear on its balance sheet

Indicate whether the statement is true or false

Business

Patricia has a valid judgment against David, which she now wishes to execute. David has no assets in the state where the judgment was entered. He has now moved to California where rumor has it he owns thousands of acres of beach-front property. Patricia may execute her judgment in California based on what type of jurisdiction?

a. Subject matter jurisdiction. b. Concurrent federal jurisdiction. c. Quasi in rem jurisdiction. d. Diversity of citizenship jurisdiction.

Business

With FOB pricing, a supplier is the legal owner of a product until the product reaches its destination

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

Business