Mutual funds are regulated under four federal laws designed to protect investors

Indicate whether the statement is true or false


TRUE

Business

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On July 18, a firm received from one of its customers, Shane Riche, a written promise to pay the firm $1,200, at 12% interest, on September 16, for merchandise that she had purchased from the firm. Which of the following statements is true?

a. Shane is the payee of the note. b. The firm is the maker of the note. c. The firm is the endorser of the note. d. Shane is the maker of the note. e. The face of the note is $1,200 plus the interest.

Business

Describe at least four guidelines to remember when asking questions in a request

Business

Technically, to achieve Six Sigma quality, there would have to be fewer than 3.4 defects per million opportunities

Indicate whether the statement is true or false

Business

Cash discount terms of 2/10, net 60 on an invoice would-in effect-amount to borrowing at an annual interest rate of about ________ percent if the buyer did not pay the invoice for 60 days.

A. 36 B. 22 C. 18 D. 72 E. 14

Business