Real property tax rates do not vary, but value assessments do
Indicate whether the statement is true or false
True
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When a company discounts an interest-bearing note at a bank with recourse:
a. The company is assured payment at maturity. b. The company will receive the full amount of the note plus interest. c. The company has a contingent liability from the time the note is discounted until its maturity date. d. The bank assumes the credit risk on non-payment at the maturity date.
Which is not an advantage of leasing from a lessee's viewpoint? ?
A) The asset can be acquired without having to make a substantial down payment. B) The lease is a way of indirectly making a sale. C) "Off-balance-sheet financing" may be practiced. D) The risk of obsolescence may be reduced.
In comparison to stencil and spirit duplication, the quality of offset duplication is considerably lower
Indicate whether the statement is true or false.
A union member brought a grievance to the union rep. Because the union considered it to be a weak case that it would probably lose, the union most likely will not take it to arbitration for the fear of losing member support.
Answer the following statement true (T) or false (F)