There are three major types of business activities. ________activities involve the acquisition and disposal of resources that an organization uses to acquire and sell its products or services.
Fill in the blank(s) with the appropriate word(s).
Investing
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Investments in securities are classified as which of the following?
a. Held-to-maturity. b. Trading securities. c. Available-for-sale securities. d. All of the above.
Indelible Fabrics, Inc. (IFI), makes "Jean's Denim," a famous brand of clothing. Without IFI's consent, Kopy Company (KC) begins to use "jeansdenim" as part of a domain name. IFI files a suit against KC and engages in service of process. Service of process must provide
A. equality and fairness in adjudication. B. notice and an opportunity to respond. C. space to fill in important information and time in which to do it. D. privacy between the litigants and publicity in the judgment.
Tenth National Bank extended a $2 million loan to ABC Development Company. Tenth National accepted a mortgage on a building as collateral for the loan. The mortgagee's signature on the loan, however, was a forgery
The resulting loss is covered by which financial institution bond coverage? A) Insuring Agreement A— Fidelity B) Insuring Agreement D—Forgery or Alteration C) Insuring Agreement E—Securities D) Insuring Agreement G—Fraudulent Mortgages
A "best efforts" clause is always deemed too indefinite to be enforceable
Indicate whether the statement is true or false