The Government in the Sunshine Act holds that if an agency decision is made at a meeting held in violation of the Sunshine Act, the decision is valid

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


True

Business

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Failure to record inventory in the proper period can affect all of the following accounts except:

A. prepaid Expenses. B. sales. C. receivables. D. cost of Goods Sold.

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If a salesperson learns that a customer has been lost to a competitor, it is best to visit the customer and discuss the serious mistake that has been made.

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

Business

Summary judgment is appropriate when there are no essential facts in dispute

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

Business

Which of the following is correct concerning termination statements?

a. A secured party must file a termination statement when consumer goods are involved and the debtor has paid for them. b. The termination statement clears the debtor's public record with regard to old, irrelevant financing statements so that the same collateral can be used again to secure a future loan. c. The secured party must file a termination statement within 20 days of a consumer debtor's demand, provided the debtor has paid the full debt. d. All of the above are correct concerning termination statements.

Business