The Buy America Act specifies that government agencies must give preference to American products when putting contracts for equipment out for bid unless the foreign products have a significant advantage

Indicate whether the statement is true or false.

TRUE
A little-known law in the United States, the Buy America Act, specifies that government agencies must give preference to American products when putting contracts for equipment out to bid unless the foreign products have a significant price advantage.

Business

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The time period between the date when premium is due and when coverage lapses is called

A) the grace period B) the consideration period C) the benefit period D) the incontestability period"

Business

Which of the following statements about the form of a general partnership agreement is true?

A. It must be in writing if the partnership is to last for longer than 1 year. B. It must be in writing if partnership profits would not be equally divided. C. It must be in writing if any partner contributes more than $500 in capital. D. It could not be oral if the partnership would deal in real estate.

Business