Jessie just bought an SUV and financed it with an automobile loan. She will pay 48 monthly payments of $425 each and one final payment of $3,000 . What type of clause is in her sales contract?

Which of the following is true about lower-of-cost-or-market?

a. It is inconsistent because losses are recognized but not gains. b. It usually understates assets. c. It can increase future income. d. All of these.

The European Union restricts trade opportunities to European firms

Indicate whether the statement is true or false