If the current price of a stock is below the strike price, then an option to buy the stock is worthless and will have a zero value.

Answer the following statement true (T) or false (F)


False

Business

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What evidence may a company offer in defense to allegations of an antitrust violation under the rule of reason standard?

A. If the company violates the standard, there is no defense. B. There was no economic harm to the consumer. C. Its actions were justified and necessary under the economic conditions. D. The anticompetitive harm was not harmful to the government.

Business

________ competition can destroy entire product categories when a major innovation occurs, so it requires attention, especially for long-run planning

A) Product form B) Product category C) Generic D) Budget

Business

Answer the following statements true (T) or false (F)

1. Prenumbered source documents provide necessary control in a system by automatically assigning a sequential number to each new transaction. 2. A source document provides the evidence and data for accounting transactions. 3. In a computerized accounting information system, all data are contained in paper documents that are often stored in filing cabinets and off-site document warehouses. 4. Companies are now spending less amounts of cash to ensure that their data and information are secure.

Business

What are the two purposes of the laws governing American business? Describe how at least two regulatory agencies fulfill these purposes

What will be an ideal response?

Business