Property that has appreciated in value generally receives a stepped-up cost basis at death
Indicate whether the statement is true or false.
TRUE
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When issuing new securities, which of the following decisions is made jointly by a corporation and its investment banker?
A. Deciding whether to go for a competitive bid or a negotiated deal with the investment banker B. Deciding which investment banker to use C. Deciding whether to go for a best-efforts or underwritten issue D. Deciding on the investment project for which to raise additional capital E. Deciding which member of the senior management team deals with the investment banker
False imprisonment occurs when a merchant detains someone without their consent
Indicate whether the statement is true or false
Alice offers to sell her computer, monitor, and printer to Bradley for $300. Bradley says he will accept provided that Alice includes her word processing software. What is the status of their discussions?
A) There is a valid contract for the computer, the monitor, the printer, and the software. B) There is no contract, because Bradley has made a counteroffer. C) There is no contract, because the time for delivery has not been decided. D) There is no contract, because the offer has been revoked by the offeror.
When economic conditions are strong, the demand for most types of investments is low
Indicate whether the statement is true or false.