If a debt security is purchased at a discount, the discount must be amortized when the interest revenue is earned

Indicate whether the statement is true or false

TRUE

Business

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Which of the following is necessary content of the limited partnership certificate? The name of the limited partnership The address of its office The latest date upon which the limited partnership is to dissolve

A. I and II. B. I and III. C. I, II, and III. D. None of the answers are correct.

Business

Who can recover under product liability for their injuries?

A) Nonusers, such as bystanders B) Those who use the product with the owner's permission C) Those who purchased the product new D) A and B only E) A, B, and C

Business