Net Book Value is the difference between the net acquisition cost of an asset and its fair market value.
Answer the following statement true (T) or false (F)
False
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When the board of directors of a corporation decides that the appropriation of retained earnings is no longer needed, which account is credited?
a. Retained Earnings b. Common Stock c. Dividends Payable d. Retained Earnings Appropriated e. Common Stock
Answer the following statements true (T) or false (F)
1. Solidarity unionism is very consistent with a servicing model of union representation. 2. A proposed change in union strategy that is consistent with a solidarity model of unionism is to increase occupational unionism. 3. Social movement unionism rejects the narrow business unionism focus on collective bargaining and instead increases labor union's focus on working class issues such as improving community, society and worker voice in politics. 4. Grassroots mobilization of the working class cannot serve the goals of both social movement unionism and solidarity unionism. 5. Social movement unionism generally achieves its goals using structural power alone.
What is a "power of sale" in connection with a mortgage?
A) A statute allowing the secured property to be sold in order to satisfy the related debt if it is not paid according to the stated terms B) A provision in a mortgage or deed of trust that allows a foreclosure process that does not involve court action C) The general principle that a mortgage or deed of trust cannot take away the borrower's legal right to sell property whether or not there is a security interest associated with it D) A provision in a mortgage or deed of trust that allows the borrower to sell the property even though the loan associated with the mortgage has not been paid off
Plywood & Particleboard Mill, Inc, does not use proper filters on its stacks, which consequently pollute the air. Quinn, a Plywood & Particleboard employee, suffers respiratory illness. To succeed in a suit against the company on the ground of negligence, Quinn must show that he suffers from
a. a distinct harm separate from that affecting the general public. b. a lesser harm than an injunction would impose on Plywood & Particleboard. c. Plywood & Particleboard's failure to use reasonable care to avert herm to Quinn. d. the same harm as that affecting the general public.