A broker showed an owner-occupied property that had window screens, custom venetian blinds, and a wall bed to a buyer whose offer was then accepted by the owner. Before the close of escrow, the seller may remove

A) all of the identified items because they are trade fixtures.
B) only the venetian blinds as personal property.
C) only the wall bed because it is real property.
D) none of the identified items.

Answer: D) none of the identified items.

Business

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If a corporation has an average tax rate of 40 percent, the approximate annual, after-tax cost of debt for a 10-year, 8 percent, $1,000 par value bond selling at $1,150 is ________

A) 3.6 percent B) 4.8 percent C) 6 percent D) 8 percent

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What is Six Sigma?

A) a letter in the Greek alphabet that statisticians use to measure process variability B) a methodology aimed at reducing the number of defects in a business process C) a methodology aimed at reducing the amount of variability in a business process D) a methodology aimed at measuring the amount of variability in a business process

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