______ are repeated behaviors or routines that foster virtuous behavior.
A. Values
B. Habits
C. Ethics
D. Roles
B. Habits
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________ refers to how long it takes a company to pay its creditors.
What will be an ideal response?
________ is the aggregation of orders from several buyers into volume purchases so that better prices can be negotiated
Fill in the blank(s) with correct word
A lender that makes a loan that violates its written loan policy would be violating which of the 6 Cs of lending?
A. Character B. Capacity C. Cash D. Control E. Collateral
Terrell and Michelle are married and living in New York, which is a not a community property state. They jointly own property with an adjusted basis of $240,000. On December 2 of this year, Michelle died when the property had a fair market value of $260,000. Terrell's basis in the property after Michelle's death is
A) $0. B) $240,000. C) $250,000. D) $260,000.