Words or terms in contracts that are subject to more than one reasonable interpretation can lead to bilateral mistakes

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Consider a fixed-payment security that pays $250 at the end of every year for eight years. If the annual rate of discount is 3 percent, calculate the present value of the bond.

What will be an ideal response?

Business

_____ is a tool used to translate MS-Word documents to multiple languages.

A. Linux B. WordPad C. Unix D. Wordfast

Business

The term used to denote the standardized regression coefficient is called the alpha coefficient

Indicate whether the statement is true or false

Business

The test statistic used in the Wilcoxon matched-pairs signed-ranks test is ________

A) t B) chi-square C) alpha D) z

Business