A contingent liability eventually becomes either a true liability or no liability at all

Indicate whether the statement is true or false


True

Business

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A(n) ________ is an agreement in which the accused admits to a lesser crime than charged, and in return, the government agrees to impose a lesser sentence than might have been obtained had the case gone to trial

A) plea bargain B) indictment C) arraignment D) nolo contendere

Business

Systems that are used by firms to select the best mix of transportation services and pricing are known by which of the following?

a. TJS b. TMS c. TPS d. TCS

Business

Liability is one of the most critical reasons for establishing a: 

A. corporation. B. sole proprietorship. C. partnership. D. limited liability company.

Business

An instrument representing an interest in real property created to secure repayment of the debt is called a:

a. warranty deed. b. foreclosure. c. mortgage. d. default judgment.

Business