The Restatement of the Law of Contracts summarizes contract principles as set out by the U.S. Supreme Court

Indicate whether the statement is true or false


FALSE

Business

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As it pertains to transportation, ________ refers to a carrier's ability to provide service from the source of the shipment to its destination.

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

Business

An eliminating entry is required when a subsidiary owes a parent company but not when the parent owes the subsidiary

Indicate whether the statement is true or false

Business

The sale or transfer of accounts receivable to raise funds is called

A) discounting. B) collateralizing. C) pledging. D) factoring.

Business

The ratio of income to assets invested is referred to as ___________________________________

Fill in the blank(s) with correct word

Business