The standard advice of financial analysts has been to buy cash value insurance, because term insurance does not have lasting value

Indicate whether the statement is true or false.


FALSE

Business

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Accumulated Depreciation and Service Fees Earned would be sorted to which respective columns in completing a work sheet?

A. Balance Sheet and Statement of Retained Earnings-Credit and Income Statement-Credit. B. Income Statement-Debit and Income Statement-Credit. C. Balance Sheet and Statement of Retained Earnings-Debit and Income Statement-Debit. D. Balance Sheet and Statement of Retained Earnings-Debit and Balance Sheet and Statement of Retained Earnings-Credit. E. Balance Sheet and Statement of Retained Earnings-Debit; and Income Statement-Credit.

Business

Rest Well Hotel orally ordered 1,000 blankets monogrammed with its initials, RWH, from TriColor Textiles. TriColor had just finished monogramming the blankets when Rest Well called and canceled the order. TriColor will be able to enforce the agreement even though there was no writing

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

Business

Which of the following is not true regarding the Occupational Safety and Health Act?

A) Employers are required to post notices in the workplace informing workers of their rights under the Act. B) Employees do not have a private cause of action under the Act. C) Even though the Act contains numerous specific safety standards, employers must also provide a work environment that is free from recognized hazards that could cause death or serious injury. D) Its purpose is to protect the safety of workers and the safety of those who purchase the employer's products or services. E) Employers are subject to having their workplaces inspected under the Act.

Business

In general, if a minor lies about her age in order to induce the seller to contract with her, she cannot disaffirm that contract

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

Business