A lump sum settlement option is usually the best choice, even if a beneficiary is not very good at managing large sums of money
Indicate whether the statement is true or false.
Answer: FALSE
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Ryan's friends consider him an expert on electronic products. Ryan purchased quick read, one of the first electronic books launched by EasyTech Inc years before any of his friends did. Ryan paid four times more for this product than they did
He wanted the benefits of an electronic book and was not concerned that his friends thought he was foolish to buy electronic reader when they first came out on the market. For EasyTech Inc, John is most likely to be classified as a(n) ________ customer. A) captive B) lead C) mainstream D) laggard E) early majority
_____ reflect values at the balance sheet date, so they reflect that day's economic conditions
a. Historical amounts b. Current amounts c. Present amounts d. Liquidation amounts e. Discounted cash flow amounts
Marco Manufacturing contracted to sell Kurtz Industries 3,000 iron clasps. The contract specified: F.O.B. Kurtz Industries. Upon arrival and inspection, the goods were rejected by Kurtz Industries because they did not conform to the contract
specifications. In transit back to Marco Manufacturing, the common carrier's truck overturned and completely destroyed the clasps. Which statement is correct? a. Marco may sue Kurtz for the contract price, as risk of loss transferred to Kurtz at the F.O.B. point. b. Kurtz will not be liable for the purchase price. The risk of loss had not yet transferred since the goods were nonconforming. c. The loss will be split between the parties upon a 50/50 basis. d. The loss will be assigned to the party who could best bear the loss.
Converse started selling its high-top canvas basketball shoes in colors such as hot pink, lime green, and purple, to accompany their traditional colors of black and white. Converse seems to be pursuing a ________ opportunity.
A. market development B. market penetration C. breakthrough D. diversification E. product development