Leo buys products for personal and household use, not for business purposes. He is a
A. consumer buyer.
B. business buyer.
C. institutional buyer.
D. governmental buyer.
Answer: A
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In recording the trade of one asset for another, which of the following accounts is usually debited?
a. Cash b. Accumulated Depreciation-Old Asset c. Gain on Exchange of Asset d. None of these
The significance of the Railway Labor Act is that it:
A. Was declared unconstitutional and was seen as a major blow to the labor movement. B. Set the stage for national legislation that protected workers rights to unionize and bargain collectively. C. Was the first major piece of labor legislation to require collective bargaining in all industries. D. Required union representation on the governing boards of railway companies.
On a debtor's default, he perfection of a security interest will not always protect a secured party against other third parties having claims to the collateral
Indicate whether the statement is true or false
Lucia is working on her executive summary. Which information will she NOT include here?
A) expected growth rate B) predicted future profits C) projected yearly sales D) amount of and uses for capital E) social media strategy