A third person to whom a joint tenant's interest is transferred becomes a: tenant by the entirety
A) joint tenant.
B) cotenant.
C) tenant in common.
D) tenant by the entirety.
C
Business
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Which of the following journal entries would be recorded if a business purchased office supplies on account in a previous accounting period and now makes a cash payment of $750 to the supplier to settle the account?
A) Cash 750 Accounts Payable 750 B) Accounts Payable 750 Cash 750 C) Cash 750 Office Supplies 750 D) Accounts Payable 750 Office Supplies 750
Business
Allen has a store that rents only formal wear to men, such as tuxedoes. Allen sells to a highly segmented market based on ________
A) product disposal B) usage situation C) mood D) sales interaction
Business