When there is only the possibility of accidental loss, there is
A)
speculative risk.
B)
default risk.
C)
pure risk.
D)
fortuitous risk.
C
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A $6,000, 60-day, 12% note recorded on November 21 is not paid by the maker at maturity. The journal entry torecognize this event is
a. debit Cash, $6,120; credit Notes Receivable, $6,120 b. debit Accounts Receivable, $6,120; credit Notes Receivable, $6,000; credit Interest Receivable, $120 c. debit Notes Receivable, $6,060; credit Accounts Receivable, $6,060 d. debit Accounts Receivable, $6,120; credit Notes Receivable, $6,000; credit Interest Revenue, $120
Federal unemployment taxes are paid by the employer and the employee
a. True b. False Indicate whether the statement is true or false
Surviving dependents may have their Social Security benefits reduced or eliminated
A) if they are found guilty of a felony. B) if the surviving spouse were married to the decedent for less than five years. C) if they have substantial market earnings. D) for any of the reasons cited above.
What determines how much a foreign producer allows the dollar price of a product sold in the United States to be affected by a change in the real exchange rate?
What will be an ideal response?