Dividends Payable is closed by transferring to Retained Earnings at the end of the period

Indicate whether the statement is true or false


F

Business

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If the maker of a note refuses or is unable to pay or renew it at maturity, the note is said to be dishonored

a. True b. False Indicate whether the statement is true or false

Business

When an individual sets high expectations for themselves and then performs to these expectations it is called ______.

A. the Pygmalion effect B. the Galatea effect C. a self-fulfilling prophecy D. grit

Business

Which of the following types of law will likely come into play in a claim that a

government agency has acted in excess of its powers? A) administrative law B) common law C) constitutional law D) criminal law E) both A and C

Business

Olga, a salesperson for Pre-owned Cars & Trucks, Inc., tells Quincy, "This is the best car I've ever seen." This statement is

A. an express warranty. B. an implied warranty. C. a warranty of title. D. puffery.

Business