Randall agrees to pay a yearly premium to an insurance company that promises to give his daughter $150,000 upon his death. This is an example of a ________ contract
A) void
B) creditor beneficiary
C) quasi-
D) donee beneficiary
D
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Which of the following is the correct formula for calculating return on investment?
A) Net profit / Sales B) Gross profit / Sales C) Operating income / Average total assets D) Earnings available to stockholders / Number of outstanding shares of stock
In general, only the ______ can bring a federal suit alleging a pattern or practice of discrimination.
A. governor of the state B. office of compliance C. attorney general D. police
?You are given the following data: ?? r* = real risk-free rate 4% Constant inflation premium (IP) 7% Maturity risk premium (MRP) 1% Default risk premium for AAA bonds (DRP) 3% Liquidity premium for long-term T-bonds (LP) 2% ? ?Assume that a highly liquid market does not exist for long-term T-bonds, and the expected rate of inflation is a constant. Given these conditions, the rate on long-term Treasury bonds is _____.
A. ?23% B. ?11% C. ?14% D. ?19% E. ?27%
Which of the following is NOT true?
a. Business is always changing. b. Business is more complicated now than ever before. c. Business is the exchange of goods, services, or money for mutual benefit. d. People have become more and more dependent on one another. e. Activities in business rarely change now.