Under the two-cycle average daily balance method for computing ...

[theo]

Under the two-cycle average daily balance method for computing interest,
 
  A)
 
  there is a two-month grace period before any interest is owed on the unpaid balance.
  B)
 
  you will always pay more interest than under the one-cycle daily balance method.
  C)
 
  consumers who have a permanent unpaid balance will pay more interest than under the one-cycle daily balance method.
  D)
 
  a grace period applied in a previous month is eliminated if you fail to completely pay off the balance in the present month.

Question 2

Which of the following factors enable a public corporation to grow to a greater extent, and perhaps at a faster rate, than a partnership or proprietorship?
 
  A) Access to the capital markets
  B) Unlimited liability of the shareholders
  C) Limited life
  D) Elimination of double taxation corporate income

[Tonyam972]

Answer to Question 1

D

Answer to Question 2

A

[theo]

Gracias!

[amit]

TYSM