Ch. 18
Which document shows the assets and liabilities of a business?
Bill of sale
Balance sheet
Profit and loss statement
Purchase contract - correct answer ✔B
California allows a property manager to charge a non-refundable screening
fee of how much?
$12.35
$25.18
$30.25
$46.67 - correct answer ✔D
How often can a tenant call his or her own professional to make repairs and
then deduct the amount from the next month's rent?
Never
Once every 3 months
Once a year
Twice in a 12-month period - correct answer ✔D
Which of the following represents an intangible business asset?
Equipment
Which document shows the assets and liabilities of a business?
Bill of sale
Balance sheet
Profit and loss statement
Purchase contract - correct answer ✔B
California allows a property manager to charge a non-refundable screening
fee of how much?
$12.35
$25.18
$30.25
$46.67 - correct answer ✔D
How often can a tenant call his or her own professional to make repairs and
then deduct the amount from the next month's rent?
Never
Once every 3 months
Once a year
Twice in a 12-month period - correct answer ✔D
Which of the following represents an intangible business asset?
Equipment
