_____sell shares to investors and pool the resulting funds to invest in financial instruments such as corporate stocks, corporate bonds, or other assets.
A. Exchange Traded Funds
B. Certificates of deposit
C. Government securities
D. Mutual funds
Answer: D
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Which of the following is subtracted from weighted average EUP to derive FIFO EUP?
a. beginning WIP EUP completed in current period b. beginning WIP EUP produced in prior period c. ending WIP EUP not completed d. ending WIP EUP completed
Molly and Craig are the original parties to a contract. Craig is obligated to design a Website for Molly. They subsequently make an agreement with Eric that Eric should take the place of Craig and assume all of Craig's rights and duties under the contract. The agreement releases Craig from his obligations under the contract. This agreement is
a. a novation. b. an accord and satisfaction. c. an assignment. d. a nullification.
To create an express warranty, a reasonable buyer must regard a seller’s representation of fact—for example, on a product label—as part of the basis of the bargain.
Answer the following statement true (T) or false (F)
An external entity may be:
A) a person. B) another department. C) another computer system. D) All of the above.