If a shoplifting suspect is detained for an unreasonably long time and is found to be innocent, the merchant is liable for the tort of malicious prosecution

In analyzing an applicant's creditworthiness, a credit manager typically gives primary attention to two of the five C's of credit—collateral and condition—since they represent the most basic requirements for extending credit to an applicant

Indicate whether the statement is true or false

Describe how a mortgage and other related expenses affect a personal budget, income statement, and balance sheet

What will be an ideal response?