Which of the following does a bailee (custodian) have?
A) Possession.
B) A right to a lien for unpaid work
C) Ownership
D) Both A and B
E) All of the above
D
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Which of the following transactions does not result in an increase in expenses?
A) Payment of accounts payable. B) Usage of utilities. C) Allocation of the cost of a building. D) Expiration of prepaid insurance.
The definitions of leadership and followership in the textbook have elements in common. Which of the following is not a common element in the two definitions?
A. process B. common goal C. power D. influence
Linda assigns to Ben a right to receive rent payments. The law implies the following warranty on Linda's part:
a. the tenant is solvent. b. Linda actually has a right to the rental payments. c. the tenant will actually pay. d. No warranties are implied by law in an assignment.
Statutes of repose were enacted to give consumers more rights against large manufacturers
a. True b. False Indicate whether the statement is true or false