When a lease covers rooms or an apartment in a building, a destruction of the leased premises: __________
A) temporarily suspends the tenant's obligation to pay rent.
B) terminates the lease.
C) requires the landlord to repair or restore the property.
D) has no effect on the obligations of the tenant or the landlord.
B
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When zero-coupon bonds are issued, a company will record no interest expense until the bonds mature
Indicate whether the statement is true or false
Adapting the notion that learning is what happens when the old and the new clash and create tension, Weick and Westley (1999) identify three areas or metaphors where organizational learning can happen. Which of the following is NOT one of those?
a. Humor b. Improvisation c. Games d. Small wins
At the beginning of 2017, Smoothie Town, Inc has the following account balances
Accounts receivable $44,000 (Debit) Allowance for Bad Debts $7,000 (Credit) During the year, credit sales were $820,000. Cash collected on credit sales was $750,000, and $18,000 was written off. Smoothie Town uses the aging-of-receivables method to record bad debts expense. The amount estimated as uncollectible was $26,000. The amount of Bad Debts Expense for 2017 is ________. A) $37,000 B) $26,000 C) $11,000 D) $8,000
Which type of horizontal merger is allowed in the hope of creating a company more able to compete with larger competition?
A) Small-company doctrine B) Failing-company doctrine C) Competitiveness doctrine D) Bankruptcy doctrine