________ establish the guidelines or standards for determining what one should do, how one should act, what type of person one should be.

A. Roles
B. Laws
C. Norms
D. Attitudes


Answer: C

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Goods in transit shipped FOB shipping point should be included in the inventory of the

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A seller who places goods at the disposal of a buyer has tendered delivery but cannot yet demand payment.

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

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Which of the following is true of the right of a widow on a life estate?

A. The widow gets a one-third interest in fee simple in the real and personal property owned by her husband at the time of his death. B. The widow has the right to a life estate in half of the lands owned by her husband during their marriage. C. The widow has the right to a life estate in two-thirds of the lands owned by her husband at the time of his death. D. The widow gets a one-third interest in fee simple, only in the real property owned by the testator during their marriage.

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Which of the following sentences reflects the use of active voice?

a. The new product line was developed by the Research and Development department. b. The secretary was promoted by her supervisor to an assistant position. c. The land developer signed the contract yesterday. d. It was determined that sales have fallen significantly.

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