A forum-selection clause indicates the place for the resolution of a dispute arising under a contract.

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


True

Business

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On January 1, 2016, the Pruett Company signed a six-month, non-interest-bearing note payable for $170,000 and received $162,800 from Your Neighborhood Bank. On January 31, 2016, what amount should Pruett record for interest expense, and what is the net carrying value of the note?

A) $1,200; $161,600 B) $0; $170,000 C) $7,200; $170,000 D) $1,200; $164,000

Business

Which of the following is not a problem usually associated with the flat-file approach to data management?

a. data redundancy b. restricting access to data to the primary user c. data storage d. currency of information

Business

When done conscientiously and with a solid understanding of the quota characteristics, quota sampling can rival probability sampling in the minds of some researchers

Indicate whether the statement is true or false

Business

"Palming off" was one of the earliest forms of unfair competition, but it is not found today

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

Business