True small claims courts do not permit lawyers to represent the parties in the proceedings

Indicate whether the statement is true or false


True

Business

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The current ratio reveals a firm's ability to pay its bills

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Business

The Takings Clause must have a taking:

A. for a public purpose and the private property owner is entitled to just compensation. B. that prohibits private property owners from securing just compensation. C. for a compelling private purpose. D. that is justified by the supremacy clause while compensation is rarely required.

Business

To maintain the balance sheet equality, it is necessary to report every event and transaction in a dual manner. If a transaction results in an increase in the left hand side of the balance sheet, dual transactions recording requires that which of the following must occur, to maintain the balance sheet equation?

a. decrease another asset b. increase a liability c. increase shareholders equity d. all of the above will maintain the balance sheet equation e. none of the above

Business

Any state or local law that unduly burdens foreign commerce is considered to be in violation of the Foreign Commerce Clause

Indicate whether the statement is true or false

Business