The liability of the Education, Research and Recovery Fund is terminates upon the issuance of court orders authorizing payments in what amount in any single transaction, regardless of the number of people aggrieved?

A. $15,000.
B. $20,000.
C. $45,000.
D. No limit.

Answer: A. $15,000.

Business

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Which of the following is not a major characteristic of a plant asset?

a. Possesses physical substance b. Acquired for resale c. Acquired for use d. Yields services over a number of years

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The Seddon Family purchased the largest most expensive house in the new subdivision. Five years later, when they were ready to move, they discovered that the value of their home had gone up proportionately less than the other houses in the neighborhood. This phenomenon is an example of the principle of

A. substitution B. diminshing return C. change D. regression

Business