Schedule M-1 is used to reconcile net income as computed for financial accounting purposes with taxable income reported on the corporation's income tax return

A licensee located what seems like a ready, willing, and able buyer. However, the deal falls through at closing because the buyer cant obtain necessary financing. At the same time, though, a seller turns out to be unable to provide marketable title. Does the seller still owe a commission to the listing agent in this case?

A. No, because the sale didn't close B. No, because there was no ready, willing, and able buyer C. Yes, because the licensee saw the transaction through the closing date D. Yes, because the seller has an absolute duty to provide marketable title at closing

The World Trade Organization (WTO) appellate body hears appeals that are limited to issues of law, not fact

Indicate whether the statement is true or false