While sales taxes are quite common, currently the U.S. federal government does not impose a sales tax.

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


True

Business

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All adjusting entries should be reversed

a. True b. False Indicate whether the statement is true or false

Business

What contemporary leadership perspective represents the direct opposition to transformational leadership?

A. laissez-faire leadership B. visionary leadership C. superleadership D. charismatic leadership

Business

The proximate cause requirement for a negligence tort is most likely not met where:

A) A driver injures a pedestrian when rounding a curve at twice the legal speed limit. B) A customer becomes ill from food that is carelessly packed at a processing plant. C) A customer in a building supply store carelessly drops a small can of paint that breaks open and is ignited from a spark caused when the metal can hits the concrete floor. D) A patient becomes sick from a doctor carelessly prescribing the wrong medicine. E) The victim of an accident was aware, prior to the actual accident, that the accident was likely to occur.

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Genovese Contracting, Inc, agrees to build a warehouse for Hawthorne Wholesale Distributors. When Genovese runs into the types of difficulties that contractors ordinarily confront, Hawthorne agrees to pay extra compensation to overcome them. Regarding the agreement to pay more, a court would likely

a. enforce it. b. rescind it. c. order the parties to renegotiate it. d. not enforce it.

Business