In most states, eminent domain would permit taking of privately owned land for all the following purposes except:
a. constructing a railroad bridge over a river.
b. building senior citizens' home.
c. building a discount store.
d. building a post office.
c
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The selling division may use a transfer price different from that used by the division buying the item being transferred in order to evaluate the performance of the managers
Indicate whether the statement is true or false
Which of the following can be classified as public law?
A) contracts B) torts C) criminal law D) property law
Which of the following statements is CORRECT?
A. If two bonds have the same maturity, the same yield to maturity, and the same level of risk, the bonds should sell for the same price regardless of their coupon rates. B. All else equal, an increase in interest rates will have a greater effect on the prices of short-term than long-term bonds. C. All else equal, an increase in interest rates will have a greater effect on higher-coupon bonds than it will have on lower-coupon bonds. D. If a bond's yield to maturity exceeds its coupon rate, the bond's price must be less than its maturity value. E. If a bond's yield to maturity exceeds its coupon rate, the bond's current yield must be less than its coupon rate.
An agent's implied authority can be inferred by the position the agent occupies.
Answer the following statement true (T) or false (F)