A lease of premises that violate the city fire code is:
A) Void

B) Valid as long as the premises are habitable.
C) Valid as long as the tenant is warned.
D) Valid until the tenant is aware of the code problems.


A

Business

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a. 100% b. 75% c. 50% d. 65%

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During its first year of operation, John's Repair Service recognized $220,000 of service revenue on account. The ending accounts receivable balance was $15,100. Jake estimates that 3% of sales on account will not be collected; no accounts receivable had been written off by year end. Assume there were no other transactions affecting accounts receivable.a) What amount of cash was collected during the year?b) What amount of uncollectible accounts expense was recognized during the year?

What will be an ideal response?

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If a tire maker in the U.S. purchases tire rims from a company in France, the contract will be under U.S. or French law, unless the parties pick the CISG to govern it

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

Business