Creditors are trying to force a homeowner to sell her home to pay for debts such as charge accounts and personal loans. The homeowner may be allowed certain protection from judgements of creditors are a result of his state's:
A. Homestead rights.
B. Littoral rights.
C. Courtesy rights.
D. Dower rights.
Answer: A. Homestead rights.
Business
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One factor that is not considered in determining the useful life of an intangible asset is
a. salvage value. b. provisions for renewal or extension. c. legal life.
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Long-term contracts for both warehousing and transportation requirements will be more effective if the demand and price of warehousing do not change in the future or if the price of warehousing goes up
Indicate whether the statement is true or false.
Business