A decision of the Supreme Court of Washington would always be binding on:

A) a federal district court in Washington.
B) a state trial court in Washington.
C) the U.S. Court of Appeals for the 9th Circuit.
D) a state trial court in Oregon.


B

Business

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Short-term notes payable:

A. Are not negotiable. B. Cannot replace an account payable. C. Can be issued in return for money borrowed from a bank. D. Rarely involve interest charges. E. Are a conditional promise to pay.

Business

Limited partnerships are also known as ________.

A. LLP's B. LtdP's C. LP's D. ULP's

Business

Cost of sales is calculated by:

A) adding the cost of inventory on hand at the start of the period minus the cost of any purchases of materials during the year and then subtract the cost of ending inventory. B) adding the cost of the inventory at the start of the period plus the cost of any purchases of materials during the year and then subtract the cost of the ending inventory. C) adding the cost of the inventory on hand at the start of the period plus the cost of any purchases of materials during the year and then add the cost of the ending inventory. D) adding the cost of the inventory on hand at the end of the period plus the cost of any purchases of materials during the year and then subtract the costs of the beginning inventory.

Business

Which of the following, if true, most strongly supports the Domino Grace CEO's argument?

A) The current proposal calls for all Kryptos' employees with outstanding benefit packages to keep them in the merged company. B) Shareholders of Domino Grace tend to support the merger. C) According to the charters of both companies, any savings from reducing benefits would be recorded in a post-merger report. D) A recent economic downturn has reduced the ability of many in the financial services industry to find new jobs. E) Kryptos provides paths to advancement that are faster than those offered by most companies in the industry.

Business