Procedural law determines how substantive law is enforces through the court process

a. True
b. False
Indicate whether the statement is true or false


True

Business

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A company receives $95 for merchandise sold to a consumer of which $5 is for sales tax. The $5 of sales tax:

A. increases current liabilities. B. is not recorded until it is forwarded to the state government. C. increases sales revenue. D. increases selling expenses.

Business

In bivariate regression, which statement is true concerning the coefficient of determination, r2?

A) r2 is the square of the simple correlation coefficient obtained by correlating the two variables. B) r2 varies between 0 and 1. C) r2 signifies the proportion of the total variation in Y accounted for by the variation in X. D) All are correct.

Business

An example of a product/trademark franchise is a _____ franchise

a. McDonald's fast-food b. Wendy's fast-food c. Super 8 hotel d. Chevrolet auto dealership

Business

In a bailment for the sole benefit of the bailor, the bailee owes a duty of great care to protect the bailed property

Indicate whether the statement is true or false

Business