Under the law of suretyship, which are generally among the rights that the surety may use?
I. Subrogation.
II. Exoneration.
III. Reimbursement from debtor.
A. I only.
B. III only.
C. I and II only.
D. I, II, and III.
D. I, II, and III.
Business
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Which of the following accounts reported on a balance sheet is merely an estimate?
a. equipment b. buildings c. accounts payable d. common stock e. allowance for doubtful accounts
Business
An express warranty
A) must be oral in nature. B) must be written in nature. C) represents a contractual agreement between the buyer and seller. D) expires after a short period of time.
Business