A preincorporation contract made by a promoter in the name of the corporation and on its behalf does not bind the corporation before it is formed

Indicate whether the statement is true or false

true

Business

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Assets and liabilities are listed on the balance sheet in order of their

a. purchase date b. adjustments c. liquidity d. balance

Business

_______ is the relationship with the customer after all the marketing and sales efforts have been completed, a purchase has been made, and the prospect has become a customer.

Fill in the blank(s) with the appropriate word(s).

Business