When a company exchanges a note for property, goods, or services, what value does it place on

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When a company exchanges a note for property, goods, or services, what value does it place on the note:

a. If it bears interest at a reasonable rate and is issued in a bargained transaction entered into at arm’s length?

b. If it bears no interest and/or is not issued in a bargained transaction entered into at arm’s length?

Related Book For answer-question

Effective small business management An Entrepreneurial Approach

ISBN: 978-0132157469

10th Edition

Authors: Norman M. Scarborough

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Posted Date: Jan 11, 2021 06:32 AM

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When a company exchanges a note for property, goods, or services, what value does it place on

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Ans a If the note bears interest at a reasonable rate and is ... View the full answer

Effective small business management An Entrepreneurial Approach

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