Any corporation with less than $10 million in assets and fewer than five hundred shareholders must register their securities with the Securities and Exchange Commission
a. True
b. False
Indicate whether the statement is true or false
False
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The burden of proof in a negligence case is the same as in a contract law case
Indicate whether the statement is true or false
A random sample of 100,000 credit sales in a department store showed an average sale of $87.25. From past data, it is known that the standard deviation of the population is $20.00. Determine the standard error of the mean.
A. .0632 B. .0002 C. 20.00 D. .0141
If the seller breaches the contract prior to delivery of the goods, the buyer may cancel the contract and
a. sue for damages. b. cover. c. exercise the right of specific performance or replevin. d. select one or all of these remedies.
Which of the following creates a secured short-term loan with accounts receivable?
A) lines of credit B) commercial paper C) pledge of accounts receivable D) factoring of accounts receivable