The proceeds of a discounted note are equal to the face value of the note
Indicate whether the statement is true or false
False
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Marge Corp., a supermarket, sends Valerie Orchard Inc. an order for 80 cases of apples at $180 per case. Valerie Orchard sends an acknowledgement form to Marge, accepting the order. Describe the type of contract between Marge and Valerie Orchard.
What will be an ideal response?
Many people rely on a prescription drug to control their cholesterol
An increase in the price of the drug would have little effect on the quantity demanded because there are no substitutes for the drug and because people who take it have no choice but to continue taking it if they wish to stay healthy. The demand for the cholesterol drug is ________. A) elastic B) inelastic C) cross-elastic D) supply-driven E) asymmetrical
If the straight-line method of amortization of bond premium or discount is used, which of the following statements is true?
A) Annual interest expense will increase over the life of the bonds with the amortization of bond premium. B) Annual interest expense will remain the same over the life of the bonds with the amortization of bond discount. C) Annual interest expense will decrease over the life of the bonds with the amortization of bond discount. D) Annual interest expense will increase over the life of the bonds with the amortization of bond discount.
Traditional organization theory uses which of the following to motivate workers?
A) bonuses B) self-esteem C) nature of the work itself D) increased responsibility E) job satisfaction