James and his band played a very familiar song. However, they made up different words for the song that were intended to be funny. James's version of the popular song with different words is known as:
a. a "knock off."
b. a parody.
c. a "mockarama."
d. a "link."
b
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Fairchild Company acquired a building valued at $210,000 for property tax purposes in exchange for 6,000 shares of its $10 par common stock. The stock is widely traded and selling for $31 per share. At what amount should the building be recorded by Fairchild Company?
a. $210,000 b. $60,000 c. $186,000 d. $150,000
What is the purpose of an aging schedule for accounts receivable?
The goal of simulation model is to provide insight and practical recommendations.Specifically, the analysis of the results can help to:
a. Identify the best scenario among several hypothetical scenarios. b. Identify what will happen under various scenarios. c. Determine the real-world outcome of the simulated system. d. All of the above
Danton, a popular performer, dies. His spouse Caitlin sells their house to Buck. Unknown to Caitlin or Buck, in one of the closets is the master recording of an unreleased album. With respect to this recording, Buck can
A. keep it because Caitlin should have known about it. B. keep it because the sale of a house includes everything in it. C. not keep it because there was no voluntary consent to its sale. D. not keep it because the sale of a house includes nothing in it.