Which of the following portrays all the economic transactions of a country with the rest of the world?

A) balance of payments
B) International Comparison Program
C) purchasing power parity
D) Gross National Product per capita

A

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Real property is owner by Baird, Carr and Falk as tenants in common. If Carr dies intestate, to whom will hos ownership interest likely pass?

A. Baird and Falk equally. B. Baird and Falk as joint tenancy. C. Carr's heirs. D. The state, by the law escheat.

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Court approval is necessary for a debtor-in-possession or trustees to reject an executory

contract. Indicate whether the statement is true or false

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