The accounts receivable turnover ratio is used to evaluate how well a company does in collecting its accounts receivable

a. True
b. False

Indicate whether the statement is true or false


True

Business

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Which of the following is most accurate about leaders and followers?

A. followers need leaders, but leaders do not need followers B. leaders have an ethical responsibility to followers C. leaders do not initiate relationships with followers D. followers are not part of the leadership equation

Business

William owns a life estate in a farm. On his death, fee simple absolute ownership of the land will pass to James. Which of the following interests in real property does James have?

A) an easement B) a life estate C) a future interest D) a leasehold estate

Business

Offers for both bilateral and unilateral contracts involve a promise by the offeror

Indicate whether the statement is true or false

Business

An agreement to pay a public officer something extra for performing his official duty is enforceable

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

Business