Physical compulsion and improper threats are the two basic types of duress
a. True
b. False
Indicate whether the statement is true or false
True
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The provisions of U.S. GAAP require firms to classify marketable securities into the following categories except
a. debt securities held to maturity for which a firm has both the intent and the ability to hold to maturity—shown on the balance sheet at an amount based on acquisition cost, but subject to impairment. b. debt and equity securities held as trading securities shown on the balance sheet at fair value, with changes in fair value of securities held at the end of the accounting period reported each period in net income. c. debt and equity securities held as securities available-for-sale shown on the balance sheet at fair value, with unrealized changes in fair value of securities held at the end of the accounting period included in other comprehensive income, and realized changes in fair value included in net income when a firm sells the securities. d. debt and equity securities held as securities available-for-sale shown on the balance sheet at fair value, with changes in fair value of securities held at the end of the accounting period reported each period in net income. e. none of the above
List several different types of presentation software
The value of a convertible bond is relatively insensitive to changes in the riskiness of the firm, because the value of the underlying bond is inversely related to changes in the firm's risk, while the value of the implicit call option is directly
related to changes in the firm's risk. Consequently, with a convertible bond the firm's management no longer has an incentive to engage in to expropriate value from the bondholders, and therefore one of the major agency problems associated with debt is resolved. a. excessive consumption of perquisites. b. risk shifting. c. excessive dividend payments. d. excessively conservative investment policies.
The HO policy provides professional liability insurance coverage to the insured, provided the work leading to the lawsuit is done at home
Indicate whether the statement is true or false