Who is credited with the beginnings of common law?

A) William the Conqueror
B) Ivan the Terrible
C) Alexander the Great
D) Norman the Plunderer


A

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In the 1960s, bands like the Beatles and the Rolling Stones influenced culture. Students grew their hair, wore beads, and became more socially conscious about war, segregation, and family. The culture looked to bands like these for inspiration and encouragement. Therefore, the members of these bands whose style was emulated by people are known as

A. private communities. B. peer groups. C. social stereotypes. D. reference groups. E. ethnic groups.

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When choices are difficult, the outcomes need to be carefully considered

Indicate whether the statement is true or false

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A credit sale of $5,275 to a customer would result in which of the following?

A. A debit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable subsidiary ledger. B. A credit to Sales and a credit to the customer's account in the accounts receivable subsidiary ledger. C. A credit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable subsidiary ledger. D. A credit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable subsidiary ledger. E. A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable subsidiary ledger.

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Under what condition would you NOT accept a project that has a positive net present value?

A) If a project has more than one sign reversal. B) If the firm is limited in the capital it has available (capital rationing). C) If the project has a profitability index less than zero. D) If two or more projects are mutually inclusive.

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