Which of the following would be classified in a different major section of a balance sheet from the others?

a. Capital stock
b. Common stock subscribed
c. Stock dividend distributable
d. Stock investment in affiliate

Answer: d. Stock investment in affiliate

Business

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Broker Green obtained a listing from Brown to sell his home. Brown told Green the sewers were in and connected and signed a listing to that effect. Green was of the opinion that there were no sewers installed in that street, so he checked with the city and found he was correct. Green showed the house to Jones, who did not ask about sewers, and Green made the sale without any comment. Later, Jones found that the sewers were not in. Which of the following is true:

A: Green had a right to rely on the listing, even though he knew it to be incorrect; B: Green had a duty to tell Jones, even though he did not ask; C: Jones was to blame because he could have checked with the city, "caveat emptor"; D: There is no provision in the law to cover the situation.

Business

A nonparametric test that analyzes the differences between the paired observations, taking into account the magnitude of the differences is the ________

A) Wilcoxon matched-pairs signed-ranks test B) sign test C) McNemar test D) runs test

Business