The incumbent management cannot issue additional shares in the market to defeat a hostile tender offer
Indicate whether the statement is true or false
FALSE
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In which of the following types of accounts are increases recorded by debits?
A) assets, liabilities B) drawing, liabilities C) expenses, liabilities D) assets, expenses
One morning, Miles accidentally dropped a thumbtack on the chair of the office manager where he worked. The office manager sat on the tack and two days later, was hospitalized with an infection caused by the tack. Which of the following is correct?
a. Miles actions were negligent. b. No tort has been committed. c. Miles committed an intentional tort. d. Miles is strictly liable.
Pamela applies for a life insurance policy with Forever Young Insurance Company. When completing the application form about past surgeries, Pamela forgot about a past outpatient surgery when she had an infected hang-nail removed and her toe treated. One year after issuing the policy, Pamela died suddenly from a brain aneurysm. Forever Young denies payment under the policy based on
misrepresentation. If Pamela's sister, Paula, sues Forever Young, she will most likely a. win, because once an application has been accepted, an insurer may not use a misrepresentation on the application to avoid liability. b. win, because Pamela's misrepresentation was not a material fact and did not increase Forever Young's risk in insuring Pamela's life. c. lose, because Pamela's application contained a misrepresentation of material fact. d. lose, because an insurer can always use any misrepresentation on an application to avoid paying.
When Sally placed cookies by the side counter of her coffee shop, which revenue component was she addressing?
a. frequency b. selling price c. selling process d. customers