In the sentence Superior Lake College will be applying for a federal grant to expand course offerings for health care occupations, the principal verb is ____
A) will
B) be
C) applying
D) grant
Correct answer is C) applying
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[APPENDIX] Which of the following statements regarding partnerships is true?
a. Partnerships must register with the federal government. b. Partnerships pay taxes to the IRS. c. Partners must register with the state government. d. Partners must abide by the separate entity concept and keep their personal assets separate from the partnership assets.
A ________ is a transfer of the right to the possession and use of named goods for a set term in return for certain consideration
A) trade B) gift C) lease D) sale
Long-term investments include:
A. Investments in marketable bonds that are intended to be converted into cash in the short-term. B. Investments in marketable stocks that are intended to be converted into cash in the short-term. C. Investments in bonds and stocks that are not readily convertible to cash or not intended to be converted to cash in the short term. D. Only investments readily convertible to cash. E. Investments intended to be converted to cash within one year.
A partner must contribute capital to be considered a ‘full partner.'
Indicate whether the statement is true or false