To issue a standard title policy, the insurer must
A. provide a survey.
B. determine whether title is good.
C. provide an abstract.
D. do none of these.
Answer: D. do none of these.
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Wilson, Inc provides the following data
2017 2016 Cash $41,000 $25,000 Accounts Receivable, Net 128,000 62,000 Merchandise Inventory 71,000 50,000 Property, Plant, and Equipment, Net 195,000 120,000 Total Assets $435,000 $257,000 Net Credit Sales $280,000 Cost of Goods Sold (130,000 ) Gross Profit $150,000 Calculate accounts receivable turnover ratio form 2017. (Round your answer to two decimal places.) A) 5.60 times B) 3.40 times C) 2.95 times D) 2.19 times
Because a tenant complains about the condition of the building, the landlord may
a. evict the tenant. b. raise the tenant's rent. c. shut off the tenant's utilities. d. investigate the complaint.