Bill is trying to sell his house in Oklahoma City to George who lives in Arkansas. They have a dispute over the terms of the contract and Bill decides to sue George. Which of the following statements is true in this situation?
A) The Arkansas state court will hear this case as it has in personam jurisdiction over George.
B) The Arkansas state court has in rem jurisdiction to hear this case.
C) The Oklahoma state court has in rem jurisdiction to hear this case.
D) The Oklahoma state court does not have jurisdiction to hear this case as the defendant is from another state.
C
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Usually the open voucher payable file is organized by
a. vendor b. payment due date c. purchase order number d. transaction date
Why is markup pricing most likely popular?
A) Sellers are more certain about demand than about costs. B) Markup pricing tends to maximize market competition. C) Markup pricing affords buyers greater bargaining power. D) Sellers do not need to make frequent adjustments as demand changes. E) Markup pricing is designed to set prices to break even on the costs of making and marketing a product.
A known obligation of an uncertain amount that can at least be reasonably estimated is reported as an estimated liability.
Answer the following statement true (T) or false (F)
Janita purchased a luggage set costing $649.99 by taking out a 5.35% add-on installment interest from her local bank. She is paying the loan in equal payments over one year. How much are Janita's monthly payments? (Round to the nearest cent)