A noncompete agreement is one in which:

a. one party promises not to sue another in case of an injury caused by a tort or some other event
b. an employee agrees not to leave and then go into competition against the employer or go to work for a competitor for a certain time
c. an employee agrees not to recruit fellow employees for another company when they leave their current place of employment
d. an employee agrees not to use illegal substances e. none of the other choices are correct


b

Business

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

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A business hired a repair service to overhaul its plumbing system. The repair service began work on September 15 and completed it on October 15. The business agreed to pay the service $4,000 when the work was completed

As of September 30, the work was 50% complete, and the business made an adjusting entry to accrue repair expense as of the end of September. On October 15, the work was completed, and the repair service was paid in full. Provide the journal entry for the cash payment on October 15. (Ignore explanation). What will be an ideal response

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The federal regulatory body governing the sale and listing of securities is called the ________

A) IRS B) FASB C) GAAP D) SEC

Business