In a vertical analysis of the income statement, each line item is shown as a percentage of net income

Indicate whether the statement is true or false

FALSE

Business

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________ is the act of a minor after he or she has reached the age of majority, by which he or she accepts a contract entered into when he or she was a minor

A) Exculpation B) Restitution C) Ratification D) Emancipation

Business

A court of original jurisdiction is usually referred to as a trial court

Indicate whether the statement is true or false

Business