Which of the following is a key component of meeting minutes?
A) Attendees. B) Old/new business. C) Date, time, and place. D) All of the above.
D
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Bonds are a popular source of financing because
a. bond interest expense is deductible for tax purposes, while dividends paid on stock are not. b. financial analysts tend to downgrade a company that has raised large amounts of cash by frequent issues of stock. c. a company having cash flow problems can postpone payment of interest to bondholders. d. the bondholders can always convert their bonds into stock if they choose.
The United States has taken a position that legal issues are best resolved by lawsuits involving parties with conflicting interests presenting their strongest possible case to a neutral factfinder. Because of this, the legal system in the United States is considered
a. an adversary system. b. a conflict system. c. an alternative dispute resolution system. d. a mediation system.
Equipment costing $400,000 with accumulated depreciation of $260,000 is sold at a gain of $10,000. This implies that $130,000 cash was received from the sale.
Answer the following statement true (T) or false (F)
Randy promises to give Stewart her iPod in exchange for Stewart's promise to pay Randy $50. This bilateral contract was created when A) Randy offered to sell her iPod to Stewart
B) Randy decided to sell her iPod. C) Stewart promised to pay Randy $50. D) Stewart became aware that Randy was willing to sell her iPod.