An assignee is obligated to perform the duties that the assignor had under the lease

Indicate whether the statement is true or false

TRUE

Business

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The revenue recognition principle requires

a. time to be divided into annual periods to measure revenue properly b. revenue to be recorded only after the business has earned it c. expenses to be matched with revenue of the period d. revenue to be recorded only after the cash is received

Business

An action for the removal of a permanent encroachment must be commenced within

A. three years of the encroachment. B. four years of the encroachment. C. 10 years of the encroachment. D. a reasonable period.

Business