Income tax expense is based on
a. income from continuing operations
b. taxable income
c. pretax income
d. operating income
Ans: c. pretax income
Business
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Which of the following clauses is least likely to be included in a mortgage?
a. acceleration b. habendum c. alienation d. defeasance
Business
The owners share ownership in commingled goods in proportion to the amount of goods contributed by each owner
Indicate whether the statement is true or false
Business