Recent amendments have expanded the FTC's powers

Which of the following describes the production budget?

A) It aids in planning to ensure the company has adequate inventory and cash on hand. B) It provides the quantity of finished goods to be produced during a budget period. C) It depicts the breakdown of sales on the basis of terms and conditions of collection of sales revenue. D) It helps in planning to ensure the business has adequate cash.

Which of the following is an advantage of the escrow process?

A. Parties do not have to be present at same time for closing B. Parties are less able to back out of the transaction C. Parties are protected against title defects of record D. Both A and B