If a bank receives a check on Tuesday, it must take proper action, such as forwarding or presenting it, by midnight of Wednesday

a. True
b. False
Indicate whether the statement is true or false


True

Business

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When a company discontinues a segment, total corporate costs may decrease in all of the following categories except

a. variable production costs. b. allocated common costs. c. direct fixed costs. d. variable period costs.

Business

The desire for floating-rate bonds, and consequently their increased usage, arose out of the experience of the early 1980s, when inflation pushed interest rates up to very high levels and thus caused sharp declines in the prices of outstanding bonds.

Answer the following statement true (T) or false (F)

Business

Game theory addresses decision situations with two or more decision makers in competition

Indicate whether this statement is true or false.

Business

Damages for interference with contractual relations include:

A) payment for emotional distress. B) nominal damages. C) conversion fees. D) criminal fines.

Business