Securities generally do notinclude any documents evidencing corporate ownership or debt

Indicate whether the statement is true or false


F

Business

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The biggest reform of contract law has resulted from the adoption of the Multilateral Contracts Code (MCC).

Answer the following statement true (T) or false (F)

Business

Which of the following is true of disposition of collateral?

A) Disposition of collateral must be a public proceeding. B) The debtor is entitled to receive any surplus collateral that remains after disposition. C) The debtor need not be notified of the disposition as the creditor has complete claim on the collateral. D) Disposition of collateral occurs when the default is by the creditor.

Business

In 2017, a corporation purchased a small business for $250,000

The market value of the small business's assets was $400,000, and the market value of the liabilities was $200,000. The corporation recorded goodwill of $50,000 at the time of acquisition. At the end of 2018, it measured goodwill and found it had a remaining fair value of only $20,000. At year-end 2018, the corporation will ________. A) record a loss on sale of assets B) record an impairment loss C) record accumulated depletion D) record a gain in goodwill

Business

A one-to-many relationship between two entities is symbolized in a diagram by a line that ends with

A) one short mark. B) two short marks. C) three short marks. D) a crow's foot. E) a crow's foot topped by a short mark.

Business