A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is:

a. quitclaim deed
b. bill of sale
c. special warranty deed
d. general warranty deed

Answer: b. bill of sale

Business

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A group member who says ________ is performing a task role.

a. "Let's focus on the main goal here. What are we trying to accomplish?" b. "Bill, we haven't heard from you yet. What do you think?" c. "You two agree more than you realize." d. "Let's hear from those who oppose this plan." e. "Karen, you make a very good point."

Business

Closing entries...

A. must be journalized and posted B. need not be journalized if adjusting entries are prepared C. need not be posted if the financial statements are prepared from the worksheet D. are not needed if adjusting entries are prepared

Business