Unsecured corporate debt is commonly referred to as:
A) an indenture.
B) a debenture.
C) deferred debt.
D) protected debt.
E) collateralized debt.
B) a debenture.
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Renee signed the Acme T-shirt Company's purchase order for an order of 200T-shirts with the picture of a polar bear wearing sunglasses on the front to sell through her retail shop
The contract contained a term that stated "Seller warrants that the goods will be of merchantable quality." On receiving the T-shirts, Renee discovered the logo of the polar bear had been printed upside-down. Which of the following statements best describes Renee's legal position? A) The court will decide whether the defective printing of the logo is a breach of a condition or a warranty. B) The Sale of Goods Act will specify whether the defective logo is a breach of condition or warranty. C) This is a breach of a condition and Renee can cancel the contract. D) The terms of the purchase order will determine if this clause is a condition or a warranty. E) Renee will be awarded pecuniary and punitive damages.
Complete the I-9 for employment at Erma Jane Grant. Be sure to complete the “preparer” section.
Erma Jane Grant 441 West Hill Road Montrose, Colorado 81401 SSN: 432-55-6792 Maiden Name: Grant Date of Birth: June 12, 1986 U.S. Citizen Erma presented her passport for her employer to review. Passport number 3890493, issued by the United States State Department, expires April, 1 2020. What will be an ideal response?
On May 1, Campbell Company established a petty cash fund in the amount of $400.a) Is the establishment of the fund an asset source, asset use, or asset exchange transaction?b) Record the establishment of the petty cash fund in the horizontal financial statements model, below. Indicate the dollar amounts of increases and decreases; for accounts that are not affected, indicate NA. For cash flows, show whether they are operating activities (OA), investing activities (IA), or financing activities (FA).Assets=Liab.+Stk. EquityRev.-Exp.=Net Inc.Stmt of Cash FlowsCash + Petty Cash?????????????????????
What will be an ideal response?
Expense accounts are increased on the ________ side of the account.
Fill in the blank(s) with the appropriate word(s).