Why do courts need to accomplish a service of process?
A) to obtain personal jurisdiction over the plaintiff in a lawsuit
B) to obtain personal jurisdiction over the defendant in a lawsuit
C) to obtain jurisdiction to hear a case where the court has jurisdiction over the property in the lawsuit
D) to obtain jurisdiction over nonresidents who were not served summons within a state
B
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Barnes Company purchased $50,000 of 8% bonds at par. The bonds mature in six years and are a held-to-maturity security. Which of the following is the correct journal entry to record the receipt of the semiannual interest payment?
A. debit Cash, $4,000; credit Unrealized Gain-Equity, $4,000. B. debit Cash, $4,000; credit Debt Investments?HTM, $4,000. C. debt Cash, $2,000; credit Debt Investments?HTM, $2,000. D. debit Unrealized Gain-Equity, $2,000; credit Cash, $2,000. E. debit Cash, $2,000; credit Interest Revenue, $2,000.
The Environmental Protection Agency sets minimum levels for pollutants in public water systems
a. True b. False Indicate whether the statement is true or false
When shopping for products, business customers often prefer to deal with _____, while consumers typically buy from _____.
A. manufacturers or channel intermediaries; retailers B. channel captains; stores C. online retailers; brick-and-mortar retailers D. retailers; online retailers E. large retailers; small retailers
The primary reason given by managers for most mergers is the acquisition of more assets so as to increase sales and market share.
Answer the following statement true (T) or false (F)