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A credit agreement is subject to the requirements of Act 73 in regard to disclosure of what is termed the principle debt. This is made

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed A credit agreement is subject to the requirements of Act 73 in regard to disclosure of what is termed the principle debt. This is made up of one of the following: Select one: a. The cost price of the goods (less the agreed value of goods traded in) b. All other charges c. Less the amount of the financial charges d. None of the above A credit agreement is subject to the requirements of Act 73 in regard to disclosure of what is termed the principle debt. This is made up of one of the following: Select one: a. The cost price of the goods (less the agreed value of goods traded in) b. All other charges c. Less the amount of the financial charges d. None of the above Statutory payments in a Closed Corporation do not include the following: Select one: a. The repayment of a portion of a member's contribution to a member b. The repayment of a contribution to a member; c. Any payment to a member who is a creditor of the CC in the normal course of business d. The purchase of a member's interest by the CC of which she is a member Company financial statements do not consist of which of the following: Select one: a. Earnings b. Directors' report c. Auditors' report d. Income statement

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