The principle advantage of the completed-contract method in accounting for longterm construction contracts is that reported income is based on final results rather than on estimates of unperformed work.

_____ are the ultimate arbiters of legitimate behavior and can act forcefully to blunt the exercise of corporate power that harms the public.

Fill in the blank(s) with the appropriate word(s).

The landlord was notified by the residential tenant that the water heater was inop- erative and the roof had a bad leak. After reasonable notice, the tenant could

A. treat the landlord's failure to act as constructive eviction. B. spend up to one month's rent and make the repairs. C. do either of these. D. do neither of these.