A deed containing no warranties is a
a. bargain and sale deed.
b. warranty deed.
c. quitclaim deed.
d. land contract.
C
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The goal of this scheme was to create a uniform system of commercial law among all 50 states:
A) Model Commercial Code. B) Uniform Commercial Code. C) Uniform Contract Code. D) Model Contract Code.
We are likely to accept increasingly major infractions as long as each violation is only incrementally more serious than the preceding one. This is called:
a. Indirect blindness b. Motivated blindness c. Incremental violations d. Reward systems
Interest earned and receivable on a note receivable equals $75 for the month of March. What adjusting entry, if any, should be recorded as of March 31?
A. Debit Interest Revenue $75 and credit Interest Receivable $75. B. Debit Interest Receivable $75 and credit Interest Revenue $75. C. Debit Cash $75 and credit Interest Revenue $75. D. No journal entry is needed at this time.
Which of the following is best suited to worldwide appeals?
A. products that appeal to a market segment with widely differing tastes, interests, needs, and values B. high-tech products with a strong local touch C. products with a nationalistic flavor if the country has a reputation in the field D. products that are steeped in the cultural heritage of a country E. brands or messages that require translation into different languages