According to the equal dignities rule, if the statue of frauds requires an act to be in writing, then agency agreements, such as property management agreements (which provide for a property manager to sign leases with a term of more than one year) would have to be:

A. ostensible
B. stopped
C. in writing
D. oral

Answer: C. in writing

Business

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Businesses have thousands of different processes, among which some processes are stable

Indicate whether the statement is true or false

Business

For which of the following reporting issues has the FASB adopted substantially the same approach as the IASB?

a. Segment reporting b. Earnings per share c. Statement of cash flows d. Pension plans

Business