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Question
A contractual clause that requires one party to assume the financial consequences of another partys legal liabilities is called a
a. workers compensation clause.
b. extra clause.
c. indemnification clause.
d. tort.
Answer
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Related questions
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a. True
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A market is best defined as a geographical area that is of commercial interest to the entrepreneur.
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a. True
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a. True
b. False
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Liability on the part of an owner that extends beyond the owners investment in the business
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b. accrued expenses.
c. owners' long-term debt.
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a. money borrowed from others, money invested by the owners
b. accounts receivable, accounts payable
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In order to derive a cash flow statement, the owner must add back the _____ to the income statement.
a. depreciation expense
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a. marketing plan.
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b. 6 months
c. 1 quarter
d. 12 months