Business letters are preferred over e-mail when a permanent record is required, when a message is confidential, and when formality is necessary

All companies capitalize bond issue costs which are amortized over the life of the bond issue

Indicate whether the statement is true or false.

The definition of commercial reasonableness as used in contract law includes:

a. the business judgment of expert business managers. b. that the practices customary in the type of transaction involved be used as a standard. c. the requirements to develop creative and innovative solutions never before used in a particular industry. d. None of these.