Deficiency judgments are prohibited:

a. in any Cal Vet transaction
b. when a cellular carries back
c. if foreclosure under power of the sale takes place
d. on hard money loans

Answer: c. if foreclosure under power of the sale takes place

Business

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All of the following occur with a double-entry accounting system except:

A) The accounting equation remains in balance. B) The sum of all debits is always equal to the sum of all credits in each journal entry. C) Each business transaction will have only two entries. D) Every transaction affects at least two accounts.

Business

The letter p in p chart stands for ____________________

Fill in the blank(s) with correct word

Business