The registration requirement of the 1934 Act pertains to the entire class of securities rather than to a specific offering

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


True

Business

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The law of sales of goods is codified in Article 3(A) of the Uniform Contracts Code.

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

Business

A company has a selling price of $1500 each for its printers. Each printer has a 2 year warranty that covers replacement of defective parts. It is estimated that 3% of all printers sold will be returned under the warranty at an average cost of $144 each. During November, the company sold 24,000 printers, and 340 printers were serviced under the warranty. What is the company's warranty expense for the month of November?

A. $47,000 B. $51,840 C. $48,960 D. $21,000 E. $103,680

Business

In a period of rising prices, which inventory method is best to use for tax purposes?

a. FIFO b. Average-cost c. Specific identification d. LIFO

Business

A book formatted in ______ style would follow the following format: Family name, Initial. Initial. (date). Title of book. City: Publisher.

Fill in the blank(s) with the appropriate word(s).

Business