Private employers are not covered by qualified privilege

Indicate whether the statement is true or false


False

Business

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Fashion with an extremely long acceptance cycle is considered to be classic

Indicate whether the statement is true or false

Business

A noncash investing activity should be disclosed in a note to the statement of cash flows or on a separate schedule.

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

Business

An assignment is the present transfer of an existing right

Indicate whether the statement is true or false

Business

When can a sole proprietorship legally be dissolved?

a. sales exceed $1 million

b. the partners reorganize the firm's structure

c. earnings are less than $500,000

d. the owner donates profits

e. the owner dies

Business