Courts generally do not enforce a promise against the promisor unless the promisee has given up something in exchange for the promise.
Answer the following statement true (T) or false (F)
True
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Strategic alliances can result in improved operating efficiencies for multiple organizations
Indicate whether the statement is true or false
A limitation of language translation is that some words do not have an equivalent meaning in another language
Indicate whether the statement is true or false
Which of the following is NOT a basis for involuntary dissolution?
a. A proceeding initiated by the secretary of state, if it is established that the corporation failed to pay its franchise tax. b. The directors are deadlocked and the shareholders cannot break the deadlock. c. The shareholders dissent to a merger and are asserting their appraisal rights. d. None of these.
Which of the following statements is CORRECT?
A. The constant growth model takes into consideration the capital gains investors expect to earn on a stock. B. Two firms with the same expected dividend and growth rate must also have the same stock price. C. It is appropriate to use the constant growth model to estimate a stock's value even if its growth rate is never expected to become constant. D. If a stock has a required rate of return rs= 12%, and if its dividend is expected to grow at a constant rate of 5%, then the stock's dividend yield is also 5%. E. The price of a stock is the present value of all expected future dividends, discounted at the dividend growth rate.