A restraint of trade may be classified as either horizontal or vertical

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


True

Business

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If bonds payable were issued initially at a discount, the carrying value of the bonds at a balance sheet date will be calculated by

a. deducting the amount of discount amortized between the issuance date and the balance sheet date from the face value. b. deducting the balance of unamortized bond discount from the face value. c. adding the balance of unamortized bond discount to the face value. d. adding the amount of discount amortized between the issuance date and the balance sheet date to the face value.

Business

The Federal Insurance Contributions Act (FICA) requires that each employer file a:

A. Form 941. B. Form 1099. C. Form 1040. D. W-4. E. W-2.

Business

The bankruptcy of which party(ies) will cause an agency to terminate?

A) The principal only B) The agent only C) Either the principal or the agent D) Neither the principal nor the agent

Business

Sam likes Michelin tires. If he needs new tires and Michelin's are not on sale, he is willing to pay a higher price for Michelin rather than buy some other brand. Sam is brand loyal to Michelin.

Answer the following statement true (T) or false (F)

Business