Jennifer grants an access easement to Cynthia across her property. ?A court will apply the rule of reason test in determining the scope of the easement

Indicate whether the statement is true or false


True

Business

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Interest on a promissory note is recognized when the note is issued

Indicate whether the statement is true or false

Business

Shay owns an insurance agency that employs ten agents. The agents do all of the work prospecting new clients, identifying their insurance needs, selling them the appropriate policies, and providing ongoing service after the policies are issued. In terms of intensity, the operations of Shay’s agency would be categorized as ______.

a. organically intensive b. human-intensive c. people-intensive d. labor-intensive

Business

The sources and uses table is a part of the _____ of the business plan.

A. critical risks section B. offering section C. exit strategy D. financial plan

Business

Which ownership and management alternative is simple to form, fully controlled by the owner, and subject to single taxation by the government?

a. corporation b. sole proprietorship c. partnership d. franchising

Business