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Question
Management Associates Corporation wants to sell its office building and furnishings to National Properties, Inc. (NPI). A writing is not required fora. a two-year lease during which NPI has an option to buy the building.
b. the sale of an office chair, valued at $50, to NPI.
c. the sale of art, displayed in an office and valued at $100,000, to NPI.
d. the sale of the building.
Answer
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