Property consists of the legally protected rights and interest of a person in anything with an ascertainable value that is subject to ownership

Indicate whether the statement is true or false


T

Business

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Explain how emotions and moods are interrelated.

What will be an ideal response?

Business

William Smith is a sole proprietor of a successful business. He is interested in incorporating to protect his personal assets. Which advantage of incorporation is most applicable? What are other advantages of organizing as a corporate entity?

What will be an ideal response

Business

A transfer of contract rights to a third party is a delegation.

Answer the following statement true (T) or false (F)

Business

A business takes a risk by electronically storing its customers' credit account numbers.

Answer the following statement true (T) or false (F)

Business