A ________ prevents an individual from doing what he desires

A) constraint
B) demand
C) lien
D) necessity

Answer: A

Business

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All of the following would meet the criteria for an extraordinary item except gains or losses from:

A. A major casualty B. Prohibition under a newly enacted law or regulation C. An expropriation of assets D. Write-off of Accounts receivable

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Indicate whether the statement is true or false

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