In contracting for any work on someone else's property, a contractor's license is NOT needed
a. by an attorney.
b. by a real estate broker.
c. by a real estate salesperson.
d. if the work costs less than $500.
Answer: d. if the work costs less than $500.
Business
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What will be an ideal response?
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Avalon Company paid $4,400 cash for an insurance policy providing three years protection against fire loss. This transaction could properly be recorded by a $4,400 debit to Unexpired Insurance and a $4,400 credit to Cash
Indicate whether the statement is true or false.
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