Christy Peterson's total income last year was $77,340. Of that amount, she spent $7,240 on transportation costs and $2,100 on clothing. What percent of Christy's total income did she spend on transportation and clothing combined?
12.1%
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You own 100 shares of Troll Brothers' stock, which currently sells for $120 a share. The company is about to declare a 2-for-1 stock split. Which of the following best describes your likely position after the split?
A. You will have 200 shares of stock, and the stock will trade at or near $120 a share. B. You will have 200 shares of stock, and the stock will trade at or near $60 a share. C. You will have 100 shares of stock, and the stock will trade at or near $60 a share. D. You will have 50 shares of stock, and the stock will trade at or near $120 a share. E. You will have 50 shares of stock, and the stock will trade at or near $600 a share.
Which of the following is(are) correct statements about the buyer of a futures contract?
I. The contract buyer is short on the position. II. The contract buyer wants the price of the item to increase. III. The buyer can liquidate the position with an offsetting transaction. IV. The majority of the buyers actually take delivery of the item. A) II only B) I and II only C) I and IV only D) II and III only
A promise to do (or not do) something in the future counts as consideration.
Answer the following statement true (T) or false (F)
The process by which the government can acquire private property for public use is known as ________.
A. a remainder B. constructive eviction C. adverse possession D. eminent domain