To enhance product knowledge and teamwork among its new sales recruits, Whirlpool developed a program where all of the recruits would live together in a house (prior to being deployed in the field) to learn about the company's products by actually using them on a daily basis. This type of training can be classified as:

Goodwill can be recorded as an asset when:

Select one: A. A business can determine that it has created customer goodwill and name recognition B. A business has above normal profitability compared to other businesses in its industry C. A business is purchased and payment is made in excess of the fair value of the identifiable net assets D. An offer is received to purchase the business at a price in excess of the value of the assets

If the buyer fails to redeem the Earnest Money Promissory Note, they will be liable for all reasonable costs of collections.

a. true b. false