When loaning money to two or more co-borrowers on a single promissory note, the lender would be best advised to increase the security on the note by inserting which of the following phrases after the names of the co-borrowers:

A weakness of the current ratio is

a. the difficulty of the calculation. b. that it doesn't take into account the composition of the current assets. c. that it is rarely used by sophisticated analysts. d. that it can be expressed as a percentage, as a rate, or as a proportion.

Simpson, Ogden Corp.'s agent, most likely needs a written agency agreement to

A. Enter into a series of sales contracts on Ogden's behalf. B. Hire an attorney to collect a business debt owed to Ogden. C. Purchase an interest in undeveloped land for Ogden. D. Retain an independent general contractor to renovate Ogden's office building.