Which of the following is a source document that provides the evidence and data for accounting transactions?

The ________ states that if the main purpose of a transaction and an oral collateral contract is to provide pecuniary benefit to the guarantor, the collateral contract does not have to be in writing to be enforced

A) merger clause B) leading object exception C) collateral contract rule D) parol evidence rule

A nonprofit corporation is any corporation that does not make a profit

Indicate whether the statement is true or false