Region Construction Company has a right to drive its trucks across Staple Business, Inc's property, which is adjacent to Region's office. This right is
a. a license.
b. an easement.
c. a profit.
d. the power of eminent domain.
b
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Answer the following statements true (T) or false (F)
The scientific method refers to the formal procedures used to derive the laws and principles that govern scientific disciplines, such as physics and chemistry, and is therefore not used in the published research on accounting.
Trein, Inc entered into a one-year, $1 million contract with Mia, a sports celebrity, to promote Trein's products. E-presto Inc, a competitor of Trein, was interested in having Mia promote its products but knew of her contract with Trein. E-presto offered Mia a three-year, $5 million contract. Mia left Trein and signed with E-presto. If Trein sues E-presto for tortious interference with a
contract, E-presto: a. will be able to establish a justification since E-presto was acting to protect an existing economic interest. b. will be able to establish a justification because, in talking to Mia, E-presto was exercising its First Amendment freedom of speech. c. will be able to establish a justification because to decide otherwise would subject Mia to involuntary servitude. d. will not be able to establish a justification.
Ellizon Fiber Optics, a publicly traded firm, has approximately 1200 shareholders and $32 million in assets. Given the specifications of the company, the Securities and Exchange Commission (SEC) mandates Ellizon Fiber Optics to:
A. pay commissions to the accredited investors. B. undertake insider trading to make profit in business. C. list its stocks in over-the-counter market as it can no longer be listed in NASDAQ. D. file quarterly and annual financial reports with the SEC.
What is the present value of the following cash flow stream at a rate of 10.0%? Years: 0 1 2 3 CFs: $750 $2,450 $3,175 $4,400 ?
A. $8,283.53 B. $10,777.50 C. $7,749.11 D. $10,866.57 E. $8,907.02