As a result of compounding, the effective annual rate on a bank deposit (or a loan) is always equal to or less than the nominal rate on the deposit (or loan).

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


False

Business

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A good planning aid for examining layout is _______________

a. an outline b. a layout design book c. a document prototype d. a graphic artist

Business

Items sold to a firm's customers are called:

A) quarantined materials. B) work-in-process. C) raw materials. D) finished goods.

Business

When outrageous conduct consists of speech about a public figure, the First Amendment's guarantee of freedom of speech limits emotional distress claims

Indicate whether the statement is true or false

Business

One variation of licensing is referred to as

A. franchising. B. direct exporting. C. joint ventures. D. dual adaptation. E. direct investment.

Business