Alice makes a cash gift which has no strings attached to a political party. It is recorded as:

a. An Endowment

b. Revenue-Unrestricted Contribution.
c. Revenue-Temporarily Restricted Contribution.

d. An increase in the fund balance of the General Fund.

b

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To be considered accredited investors, a couple must have an annual income of at least:

a. $50,000 b. $100,000 c. $150,000 d. $200,000 e. $300,000

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When a principal accepts the consequences of the activities of a person who had previously not been the principal's agent, the principal:

a. exposes the agency b. reissues the agency c. delimits the agency d. cancels the agency e. none of the other choices

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