A lockbox system is used to reduce collection float by shortening all three basic float components (i.e., mail, processing, and clearing)
Indicate whether the statement is true or false
TRUE
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Petty theft is okay if "everybody is doing it."
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An advertisement is generally considered an offer
Indicate whether the statement is true or false
The forerunner of the Organization for Economic Cooperation and Development was the ________ that was formed in 1947 to administer American and Canadian aid under the Marshall Plan for the reconstruction of Europe after World War II.
A. Organization of European States B. Organizational Council of Europe C. Organization for European Economic Cooperation D. Organization for European Investment
Under the Statute of Frauds, some specified contracts must be in writing and signed by the party against whom enforcement is sought. State several benefits or advantages that result from this statute for the contracting parties