All of the following statements about the economy of the new england colonies are true, except a. the new england economy was diversified among several industries. b. the new england economy depended heavily on cash crops. c. the new england economy focused more heavily on trade than the economy of the southern colonies did. d. slave labor was not used in the economic activities of the new england colonies.

The 6th amendment's guarantee of a speedy and public trial is aimed at a. deterring potential criminals by fear of swift and certain punishment. b. trying those accused of crimes without undue delay and avoiding secret trials. c. eliminating overcrowded dockets in the nation's criminal courts. d. preventing jurors from being unduly influenced by public opinion.

The following legal claims exist for m. finger co. identify the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements. 1. m. finger (defendant) estimates that a pending lawsuit could result in damages of $1,250,000; it is reasonably possible that the plaintiff will win the case. an item described in notes to its financial statements. a liability that is recorded. 2. m. finger faces a probable loss on a pending lawsuit; the amount is not reasonably estimable. a liability that is recorded. an item described in notes to its financial statements. 3. m. finger estimates damages in a case at $3,500,000 with a high probability of losing the case. an item described in notes to its financial statements. a liability that is recorded. the amount that m. finger co. should record in its accounting records related to these suits is:

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