Accredited investors include banks, but not investment companies

Indicate whether the statement is true or false


False

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The "Television Test" is a test that is generally accepted by adherents of intuitionism

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

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A short-form merger requires the approval of the shareholders of both corporations

Indicate whether the statement is true or false

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In a race state, a non-bona fide purchaser can take title to the property

Indicate whether the statement is true or false

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The F. Mercury, Capital account has a credit balance of $37,000 before closing entries are made. If total revenues for the period are $55,200, total expenses are $39,800, and withdrawals are $9,000, what is the ending balance in the F. Mercury, Capital account after all closing entries are made?

A. $37,000. B. $35,400. C. $28,000. D. $43,400. E. $52,400.

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