What is a closed shop?
A closed shop is a form of union security under which the employer may employ only union members who were in the union prior to hire.
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The journal entry Pierce will record on February 1 will include a
a. credit to Interest Revenue for $1,500 b. credit to Gain on Sale of Investments for $1,500 c. credit to Cash for $52,500 d. credit to Interest Receivable for $600
When the Fed adopts a contractionary monetary policy, the interest rate at which the Fed lends to other banks will be expected to _____ and the money supply in the economy would be expected to ____.
A. decrease; decrease B. decrease; increase C. increase; decrease D. increase; increase
If a company has excess space in its building that it rents to another company for $700, what is the effect on the accounting equation during the first month?
A. Assets would decrease $700 and equity would increase $700. B. Liabilities would decrease $700 and equity would increase $700. C. Assets would increase $700 and equity would decrease $700. D. Assets would decrease $700 and liabilities would decrease $700. E. Assets would increase $700 and equity would increase $700.
All of the following qualification options are generally included in a paralegal definition except:
A) Education. B) Training. C) Personal Experience D) Work Experience