Search engines not only "search and match," but also have capabilities that can be used to perform routine tasks that require intelligence

Indicate whether the statement is true or false


FALSE

Business

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Generally, the owners of a corporation are personally liable for its debts.

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

Business

Journey Company purchased equipment for $45,000. Total depreciation of $36,000 was recorded. On January 1, 2017, Journey exchanged the equipment for new equipment, paying $56,000 cash. The market value of the new equipment is $65,000. Prepare the journal entry to record this transaction. Assume the exchange has commercial substance. Omit explanation.

What will be an ideal response?

Business

Nile Inc. is one of the leading shoe manufacturing companies in Baltoni. It manufactures canvas shoes that are quite similar to those produced by other brands

The management of the company has decided to adopt a product/service differentiation competitive strategy. What is Nile Inc. likely to do in this scenario? a. Offer their products at discounted rates and make the cost of their products lower than those of their competitors. b. Produce aerobic, tennis, and baseball shoes that have specialized features. c. Advertise their products through more media outlets than it previously did. d. Start selling products to markets outside Baltonia.

Business

A certificate of cancellation is a document that is filed with the secretary of state upon the dissolution of a limited partnership

Indicate whether the statement is true or false

Business