B & V Electronics used up all their raw materials. They have a(n) ________________.
a. Owner's equity
b. Liability
c. Expense
d. Cost
Answer: c. Expense
Business
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Former partners, as well as current partners, have some rights to access partnership books and records
a. True b. False Indicate whether the statement is true or false
Business
Martha is the sheriff of Junction, Texas. Alex robs a gas station on the edge of town and then evades capture. A $500 reward is offered for his capture. The following week, Martha captures Alex. Martha A) can collect the $500 reward
B) cannot collect the $500 reward because she had a preexisting duty to catch Alex. C) cannot collect the $500 reward because it is not legally sufficient consideration. D) cannot collect the $500 reward because it would be unconscionable.
Business