Real property is

A) land, buildings and fixtures
B) any hard asset
C) anything but intangible property
D) any asset that can be weighed or measured
E) all tangible and intangible property

A

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On January 1, Unearned Revenue of Grossman, Inc. had a beginning balance of $1,400. During January, the company earned $700 of the deferred revenue. The company also collected $6,000 from a new customer for services to be performed the following month At the end of January, the Unearned Revenue account should have a balance of $6,000.

Indicate whether the statement is true or false

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When an attorney is admitted to practice in his state's high court, this usually means that the attorney can:

A) practice in all lower courts in that state. B) practice in all appellate courts in the country. C) practice in all appellate courts in the federal system. D) practice in all trial courts throughout the country.

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