Joan has a $100,000 mortgage on her commercial building. This would be carried on her balance

sheet as long-term debt.

Indicate whether the statement is true or false


TRUE

Business

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_____________ managers not only meet the minimum legal standards but are proactive in presenting ethical leadership to the firm’s employees and other stakeholders.

a. Emoral b. Immoral c. Amoral d. Moral

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A guarantor can limit the amount owing as of a specific date by giving written notice to the bank

Indicate whether the statement is true or false

Business

Passing a bar examination in one state allows a person to practice law in any state of the U.S

Indicate whether the statement is true or false

Business

A contract between Fresh Fruit Corporation and Green Grocer, Inc, re-quires Fresh Fruit to deliver goods to Green Grocer's place of business. This is? A)?a bill of lading

B)?a destination contract. C)?a shipment contract. D)?a warehouse receipt.

Business