The book value of an asset is equal to the asset's after-tax proceeds, provided after the asset has been sold

Indicate whether the statement is true or false

FALSE

Business

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The broker, in a single-party listing, should make sure to have a 120-day holdover period.

a. true b. false

Business

Following the formation of a corporation, which of the following terms best describes the process by which the promoter is released from, and the corporation is made liable for, preincorporation contractual obligations?

A. Assignment. B. Novation. C. Delegation. D. Accord and satisfaction.

Business