Inexperienced writers are advised to use business plan templates or software in-stead of struggling with format and other details of the plan

A company borrows money from bank. Both assets and liabilities increase as a result of this transaction.

a. true b. false

A new broker opens a brokerage office and immediately places an ad in the local newspa- per: List Your House with Me and I Will Pay You $500 at Closing. This practice is

a. acceptable. b. mandated. c. discouraged. d. prohibited.