The injured party loses the right to sue if the lawsuit is not brought within the ________

A) privity of contract
B) notice of assignment
C) future right
D) statute of limitations


D

Business

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A company receives $360 for a sale, of which $20 is for sales tax. The journal entry to record the sale is:

A) Sales Tax Expense 20Cash 340Sales 360 B) Cash 340Sales 340 C) Cash 360Sales 360 D) Cash 360Sales Tax Payable 20Sales 340

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A participating life policy may pay a dividend

Indicate whether the statement is true or false.

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The executor-administrator provision applies to promises of an executor of a decedent's estate to the decedent's creditors

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

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With PERT, we are able to calculate the probability of finishing the project within a specified time

Indicate whether the statement is true or false

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