What Is True Regarding a Transaction

question 19

Multiple Choice

What is true regarding a transaction?

• A)Transactions are exchanges between the business and other parties.The business gives and receives in the exchange.
• B)Transactions are exchanges between the business and other external parties.The business gives but does not receive in the exchange.
• C)Transactions are exchanges between the business and other internal parties.The business gives and receives in the exchange.
• D)Transactions are often exchanges between the business and other parties.The business does not always give and receive during the exchange.

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Definitions:

Adoption

A procedure in which persons become the legal parents of a child who is not their biological child.

Approved By A Judge

Officially sanctioned or authorized by a judge or court official.

Requirement For Adoption

The legal prerequisites and conditions that must be met for an adoption process to be legally recognized and completed.

End A Marriage

The legal termination of a marital union, known as divorce, which dissolves the bonds of matrimony between married individuals.