Civil law describes a legal system based on writtenlaws or codes
a. True
b. False
a
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Which is an efficiency gain provided by the Internet?
a. eliminates competition b. increases cost c. increases market d. minimizes collaboration
Under the add-on method for determining payments on a consumer loan,
A) service charges are added to the each monthly payment. B) a service charge for loan handling is added to the amount borrowed. C) interest is only added to the final monthly payment on the loan. D) interest is added to the amount financed in order to determine the total monthly payments.
The major advantage of screen output versus printed output is that screen output ____
a. can be updated dynamically b. is more user friendly c. has more information d. is more secure
If a bond has a make-whole call provision, the:
A) call premium can be either positive or negative. B) bond's market price will always equal its face value. C) bondholder will receive the face value amount plus interest if the bond is called. D) bondholder will receive the face value amount minus any interest paid to date if the bond is called. E) call price will increase as interest rates decrease