Most formal reports use generic headings to identify the topic of each section

Indicate whether the statement is true or false


True

Business

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______ power derives from one's personal attraction.

A. Legitimate B. Reward C. Referent D. Coercive E. Personalized

Business

On July 1, 2017, James Company purchased Timothy Company's six-year 9% bonds with a face value of $200,000 for $196,000, which included $6,000 of accrued interest. The bonds, which mature on March 1, 2023, are to be held-to-maturity and pay interest semiannually on March 1 and September 1. James uses the straight-line method of amortization. The amount of income James should report for the

calendar year 2017 as a result of this investment would be A) $8,823.52. B) $9,882.36. C) $9,529.40. D) $8,117.64.

Business

Courts will enforce contracts for the benefit of all but which of the following?

a. Donee beneficiaries. b. Creditor beneficiaries. c. Incidental beneficiaries. d. Intended beneficiaries.

Business

A secondary-line injury to competition occurs when the recipient of a favored price passes the benefits of the lower price on to the next level of distribution

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

Business