If a corporation receives assets other than cash in exchange for stock, it records the assets received at their market value as of the date of the transaction.
Answer the following statement true (T) or false (F)
True
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When testing for the differences between two averages the s1 in the formula stands for:
A) the size of sample 1 B) survey 1 C) the average of sample 1 D) standard deviation of sample 1 E) standard error of sample 100
In a merger, the surviving corporation inherits the disappearing corporation's rights
Indicate whether the statement is true or false
Frawsty Corporation distributes beverages in the greater Northwest. Frawsty's board of directors can delegate some of its functions to
A. Frawsty's incorporators. B. Frawsty's officers. C. Frawsty's shareholders. D. no one.
What was the impact of the Community Reinvestment Act on Fannie Mae?
a. It had to stop purchasing mortgage loans. b. It could only purchase loans that were not high credit risks. c. It enabled Fannie Mae to expand its portfolio substantially. d. None of the above