Many visuals or unnecessary sound effects in a company Web site (a turnoff that one blogger calls "design overkill") are likely to turn off customers and diminish the value of the site
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True
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A legally enforced part of a loan contract that requires the borrower to act in a certain way or to use the borrowed funds for a particular purpose is known as
A. collateral. B. a net worth requirement. C. a covenant. D. a clause.
When a property, plant, and equipment asset is sold for cash, any gain or loss on the asset sold should be recorded
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A $10,000, 6%, 60-day note is received today. Because the business is short of cash, the note is discounted with a lender immediately (same day). If the discount rate charged by the lender is also 6%, what will be the amount of the interest expense incurred on this transaction?
a. $100 b. $1 c. $10 d. $50 e. None of the above
Using unbiased and neutral language helps to promote fairness and makes no assumptions about any group of people
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