What form(s) may earnest money take?

a. Any form the seller will accept
b. Cash or good funds only
c. Cash, check, or promissory note
d. Cash or check only

Answer: a. Any form the seller will accept

Business

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What is the present value of an annual payment of $1,500 discounted back 15 years at an annual rate of return of 3%?

A) $10,663.87 B) $12,334.56 C) $13,449.87 D) $17,906.90

Business

For the relationship represented in the figure below, which of the following is true?

A) An employee can work in more than one department but does not have to work for any department. B) A department must have at least one employee. C) A department can have more than one employee. D) An employee has to work for more than one department.

Business