John was a licensed physician in Michigan. When he retired to Florida, he started providing medical services to the people in his condo, relying on his Michigan license since he did not have a Florida license and there is no reciprocity between the two states. Isaac, John's next-door neighbor, owed John $2000 for medical services. John will be able to enforce the contract he made with Isaac
a. True
b. False
Indicate whether the statement is true or false
False
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Home ownership can provide a tax-advantaged method of long-term saving
Indicate whether the statement is true or false.
To have a case in tort, the injury sustained by a person must be:
a. unreasonably sustained b. the consequence of the wrongdoing of another c. criminal in nature d. based on a privity relationship e. none of the other choices
Tables used to display counts of a categorical variable are called:
a. crosstabs b. contingency tables c. either crosstabs or contingency tables d. neither crosstabs nor contingency tables
On Deck Sports Memorabilia store sells a Babe Ruth rookie card for $6,400 on account. If the sales tax on the sale is 8%, the journal entry to record the sale would include:
A. a credit to Sales for $6,912 B. a debit to Sales for $6,400 C. a debit to Accounts Receivable for $6,912 D. a debit to Sales Tax Payable for $512