Under the ________, all acts of other governments are considered to be valid by U.S. courts, even if such acts are inappropriate in the United States.

A. act of judicial sovereignty
B. act of international civility
C. act of state doctrine
D. act of international understanding


Answer: C

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Garber Corporation had 40,000 shares of $10 par common stock outstanding on January 1, Year 2. On June 1, Year 2, Garber purchased 5,000 shares of its own stock on the open market for $22 per share and held it as treasury stock. On October 1, Year 2, Garber declared and issued a 10% stock dividend. The market value of Garber's stock was $24 per share on October 1, Year 2. Garber's board of directors declared and paid a cash dividend of $57,750 on December 15, Year 2. Required:a) What was the cash dividend per share that was paid on December 15?

What will be an ideal response?

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Security agreements allow for "blanket" descriptions of collateral that do not provide specific details on the specific type of collateral involved

Indicate whether the statement is true or false

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Greenleaf proposed that the servant leader has or does all of the following except:

A. High morals B. Treats others as equals C. Transaction oriented D. Expects perfection

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A check register shows a balance of $2,100.00 before adding a deposit of $191.11 and writing two checks for $921.34 and $89.77 . Compute the new cash balance shown in the check register

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