A nonbank lender is an alternative to a bank as a source of short-term financing.

Indicate whether the statement is true or false.

Ans: True

Business

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In a formal licensing agreement between a league or team and a manufacturer, which of the following describes the league or team?

A. Licensee B. Licensor C. Royalty D. None of these is correct.

Business

The accounting profession has concluded that an investment of more than 50 percent of the voting stock of an investee should lead to a presumption of significant influence over an investee

a. true b. false

Business