Which of the following refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographical area?
a. purchasing power
b. balance of trade
c. standard of living
d. exchange rate
c. standard of living
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The failure to obtain a license required by a statute for revenue-raising purposes:
A. automatically declares the contract void for the protection of the public. B. affects the legality of the unlicensed person's agreements and it will be considered void. C. does not affect the legality of unlicensed persons' agreements. D. results in generally unenforceable contracts.
Use the following information to answer the question below. The following transactions involving Lupine Corporation occurred during the year: Apr. 1 Purchased 2,000 shares of its own preferred stock for $20, the current market price. This is the first transaction involving its own stock engaged in by the company. May 3 Sold 400 of the shares purchased on April 1 for $25 per share. June 5 Retired
600 of the shares purchased on April 1 . The original issue price was $10 . The par value of the stock is $5. The entry to record the April 1 transaction would be: a. Cash 40,000 Treasury Stock, Preferred 40,000 b. Retained Earnings 40,000 Cash 40,000 c. Paid-in Capital, Preferred 40,000 Treasury Stock, Preferred 40,000 d. Treasury Stock, Preferred 40,000 Cash 40,000
The Check Clearing for the 21st Century Act requires banks to accept checks in electronic form
Indicate whether the statement is true or false
Policies define people as disabled if they can't perform
A) the duties of their own occupation. B) the duties of any occupation for which they are reasonably suited. C) their own occupation for the first two years of their disability, and thereafter if they can't perform any occupation for which they are reasonably suited. D) All of the above could be correct, it varies with the policy.