Under the common law, innkeepers are held to a strict liability standard for loss to personal property of transient guests
Indicate whether the statement is true or false
TRUE
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At the start of 20x4, Colonial Designs' Allowance for Uncollectibles balance is €120,000 . During 20x4, Colonial Designs' credit sales were €5,000,000; of this amount, it expected 2% will become uncollectible. During 20x4, Colonial Designs wrote off €70,000 of accounts receivable. At the end of 20x4, Colonial Designs estimates, based on an aging of accounts, that the ending balance in the
Allowance for Uncollectibles should be €130,000 . a. Allowance for Uncollectibles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000 Accounts Receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000 b. Bad Debt Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 Accounts Receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 c. Allowance for Uncollectibles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 Bad Debt Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 d. Bad Debt Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000 Allowance for Uncollectibles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000 e. Allowance for Uncollectibles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000 Accounts Receivable, gross. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000
____________________ shares are the maximum number of shares a corporation can legally issue
Fill in the blank(s) with correct word
George wants to increase the number of visits to his insurance firm's website, which specializes in rental insurance for college students. George decides to target Internet users who search for the terms "apartment," "insurance," and "student." Which of the following will be most helpful to George?
A. corporate blog B. Google Analytical Thinking C. Twitter D. Google AdWords E. Google Chrome
Phillip and Dwight have been operating a train store together for two years. After a patron slipped on some water on the floor and was injured, they began to think about their personal liability and decided to change the business form to one that would give them the same ability to pass-through profits and shared ownership and control but with little government interference. They would most likely form a
A. limited-liability company. B. corporation. C. limited partnership D. syndicate.