A professional can never be found liable in negligence to a plaintiff in the absence of a
contractual relationship between the two.
Indicate whether the statement is true or false
FALSE
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Which of the following statements is true of interpreting contract words and terms?
A) Where a preprinted form contract is used, preprinted words prevail over typed words. B) Preprinted words prevail over handwritten words. C) Specific terms are presumed to qualify general terms. D) If there is an ambiguity in a contract, the ambiguity will be resolved in favor of the party who drafted the contract.
If a bond selling price was listed in the Wall Street Journal as 50, the actual selling price was:
a. $5000 b. $5 c. $250 d. $50 e. $500
Seattle Corporation identifies an investment opportunity that will yield end of year cash flows of $30,000 in both Year 1 and Year 2, $35,000 in both Year 3 and Year 4, and $40,000 in Year 5. The investment will cost the firm $100,000 today, and the firm's required rate of return is 10 percent. What is the net present value (NPV) for this investment?
A. $23,653.26 B. $27,104.46 C. $44,226.00 D. $70,000.00 E. $35,768.45
The federal government mandates that all companies with annual revenues of $5 million or more must have drug testing programs in place
a. True b. False Indicate whether the statement is true or false