Maia hires Nero, a real estate broker, to sell her warehouse. The warehouse burns down before being sold. Nero is
A. Maia's agent until Maia's insurer pays Nero's commission.
B. Maia's agent until the burnt warehouse is sold.
C. Maia's agent until the warehouse is rebuilt and sold.
D. no longer Maia's agent.
Answer: D
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Which of the following is the typical tradeoff when issuing preferred stock?
a. The tradeoff between different accounting for an initial issuance of preferred stock as compared to a common stock issuance. b. The tradeoff between maintaining corporate control and creating a class of shareholders with preference in all asset distributions. c. The tradeoff of giving common shareholders priority over preferred shareholders in corporate liquidations. d. The tradeoff of a convertibility feature of common shares into preferred shares.
All of the following should be included in a proposal document EXCEPT:
A. product prices. B. testimonials. C. solutions to specific problems. D. criteria for success. E. data and statistics.
The first section of the statement of cash flows derives cash flow from _____ activities. The _____ method reports the amounts of cash received from customers less cash disbursed to suppliers, employees, lenders, and taxing authorities
a. operating; direct b. operating; indirect c. investing; direct d. investing; indirect e. financing: direct
Advanced economies that reward and subsidize high educational attainment are increasingly experiencing a need for workers to perform unskilled tasks, particularly the service tasks that national economies cannot ____________.
a. Export b. Import c. Sustain d. Distribute