In a state that adopts the lien theory regarding mortgages, the borrower would have the right to:
A) burn down the barn.
B) live on the land after default.
C) possess the land after foreclosure.
D) refuse to discharge a prior lien.
B
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If a sale is made with a bank credit card, the seller debits Cash and credits Sales for the same amount.
Answer the following statement true (T) or false (F)
Using samples that are not representative is an error at the data-gathering stage of collecting and organizing data
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Presenting carefully thought-out financial projections to investors is an exercise in lowering perceived risk in both you as an entrepreneur and your idea. 2. Shari discussed her income statement with you and described her report as reporting what the company owes, what it owns, and her shareholder stake at the last day of the prior month. This statement is an income statement. 3. Bill’s business has sales of $100,000, inventory of $20,000, cost of goods sold of $31,000, and general and administrative expenses of $45,000. Bill’s gross profit is $69,000. 4. Bill’s business has sales of $100,000, inventory of $20,000, cost of goods sold of $31,000, and general and administrative expenses of $45,000. Bill’s operating profit is $4,000. 5. Bill’s business has sales of $100,000, inventory of $20,000, cost of goods sold of $31,000, and general and administrative expenses of $45,000. Bill’s gross profit is $80,000.
In response to declining revenue from print advertising due to the rise of new digital advertising platforms, several publications, including The New York Times, introduced ________ to attempt to increase revenue.
A. a pop-up with a donation request B. paid access to chat-rooms where readers could talk to journalists C. online advertising sold on a daily basis D. auctioning the ability to edit articles online E. charging for access to certain online content