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

Business

You might also like to view...

Home ownership can provide a tax-advantaged method of long-term saving

Indicate whether the statement is true or false.

Business

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

Business

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

Business

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

Business