For Statute of Frauds purposes, an interest in land includes:

A) Fixtures.
B) Mortgages and real property leases.
C) Insurance contracts on interests in land.
D) A and B only.
E) A, B, and C


D

Business

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A resolution by the board of directors to set aside a part of the credit balance of the retained earnings account for a specific use is called

a. earnings retained in the business. b. an appropriation. c. a recapitalization. d. a deficit.

Business

A firm that brings in outside companies to accomplish supply chain activities is using ________

A) insourcing B) outsourcing C) crowdsourcing D) intensive distribution E) exclusive distribution

Business

Gump Shrimp Company On January 1, 2011, Gump Shrimp Company purchased a ship for $1,000,000. It has a ten-year useful life and a salvage value of $100,000. The company uses the double-declining-balance method. Refer to the information provided for Gump Shrimp Company. What was the depreciation expense for Gump Shrimp for the year ended December 31, 2011?

A) $ 90,000 B) $100,000 C) $180,000 D) $200,000

Business

In affirmative action programs, openings are filled by women and minorities regardless of qualification

Indicate whether the statement is true or false

Business