Deposits in transit

A. have been recorded on the company's books but not yet by the bank
B. have been recorded by the bank but not yet by the company
C. have not been recorded by the bank or the company
D. are checks from customers which have not yet been received by the company

Ans: A. have been recorded on the company's books but not yet by the bank

Business

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Voluntary regulation is used when the political will for stringent command rules is present.

a. true b. false

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Which of the following listing agreement Provisions protects the agent against liability for damages incurred because of information provided by the seller?

a. Safety Clause. b. Habendum Clause. c. Hold harmless Clause. d. Key box clause.

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