Which of the following accounts has a normal credit balance?
A) Accounts Receivable
B) Taxes Payable
C) Patents
D) Equipment
Answer: B
Business
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An owner grants a life estate to her grandson and stipulates that upon her grandson's death he title will pass to her son-in-law. The son-in-law's interest would be:
A. A reversion interest. B. A remainder interest. C. An enstate for years, D. An enstate of inheritance.
Business
___________ pulls demand from end users through the distribution channel
back to the original equipment manufacturers (OEMs), who feel pressure to use the branded ingredient in the goods they make. a. co-branding b. family branding c. ingredient branding d. umbrella branding e. none of the above
Business