In a sublease, no legal relationship is formed between the landlord and the sublessee

Indicate whether the statement is true or false


TRUE

Business

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St. Petersburg Company makes a $1,200 purchase of merchandise inventory for cash. This transaction will be recorded in the ________.

A) cash payments journal B) general journal C) cash receipts journal D) purchase journal

Business

Sill Corporation makes one product. Budgeted unit sales for January, February, March, and April are 9,900, 11,400, 11,900, and 13,400 units, respectively. The ending finished goods inventory equals 20% of the following month's sales. The ending raw materials inventory equals 40% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. If 61,000 pounds of raw materials are required for production in March, then the budgeted raw material purchases for February is closest to:

A. 57,500 pounds B. 104,900 pounds C. 58,900 pounds D. 81,900 pounds

Business

The "rule of reason" requires the courts to balance the anticompetitive effects of behavior in restraint of trade with its positive effects on competition

Indicate whether the statement is true or false

Business

A brand personality trait that is typical of the USA is ______.

a. passion b. ruggedness c. peacefulness d. competence

Business