An entrepreneur with loss-orientation would talk about the business-failure with a close friend or relative.
Answer the following statement true (T) or false (F)
True
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When a company discounts an interest-bearing note at a bank with recourse:
a. The company is assured payment at maturity. b. The company will receive the full amount of the note plus interest. c. The company has a contingent liability from the time the note is discounted until its maturity date. d. The bank assumes the credit risk on non-payment at the maturity date.
In the vertical analysis of a balance sheet, the base for current liabilities is total liabilities
Indicate whether the statement is true or false
A validity coefficient of 0.00 indicates a complete absence of relationship between the predictor and criterion data.
Answer the following statement true (T) or false (F)
What remedies are available for the Federal Trade Commission?
a. Affirmative exemption. b. Corrective advertising and multiple product orders. c. Impounding inventory. d. Criminal penalties.