When shareholders want to change a company policy, they can put their idea up for a shareholder vote
Indicate whether the statement is true or false
True
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All of the following are possible reasons for using accelerated depreciation except
A) greater efficiency of assets when new. B) increasing repair costs in later years. C) rapid changes in technology. D) increasing use of an asset over the years.
________ is a stipulation in an offer that says the acceptance must be by a specified means of communication
A) An option contract B) The mirror image rule C) Implied authorization D) Express authorization
If a capital budgeting project has a negative net present value (NPV),
A. its internal rate of return (IRR) is also negative. B. its discounted payback period (DPB) is greater than the project's economic life. C. the firm should invest in the project as long as the initial investment outlay is low. D. its traditional payback period (PB) is greater than the firm's expected payback period. E. its internal rate of return (IRR) is greater than the discount rate that would be used to compute the project's NPV.
Which of the following statements about wills is correct?
a. A will must be written on one piece of paper. b. Another writing may be incorporated by reference into a will. c. The testator must sign his or her full name. d. The testator cannot have any "help" in signing a will.