Speculative risk assumes the possibility of either making a profit or incurring a loss.
Answer the following statement true (T) or false (F)
True
Speculative risk assumes the possibility of either making a profit or incurring a loss. For example, investing in stocks, bonds, oil, farmland, gold, silver, grains, and other financial products and commodities all have a possibility of gain or loss.
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In the present value of an annuity table, the factors
A) increase as the interest rates increase. B) decrease as the periods increase. C) increase as the periods decrease. D) decrease as the interest rates increase.
A major criticism of the FIFO method is that it magnifies the effects of the business cycle on business income
Indicate whether the statement is true or false
The________rule requiresthat an acceptance of an offer must not change any of the terms or conditions ofthe offer
Fill in the blanks with correct word
A union declares it will be engaging in a partial strike whereby its employees will alternate between working for a period of time and then walking off the job for an indefinite time. Thus, employees may work for a few days or only a few hours before walking off the job again. The employer claims the union does not have the legal right to engage in a partial strike. Which statement is correct?
a. The employer is correct. The union must either strike or workâit cannot alternate between working and striking. b. The employer is correct only if the union does not state the specific hours or days workers will be off the job. The law requires the union to provide the employer with at least seven days' notice of when workers will be off the job. c. The employer is not correct since the NLRA expressly states workers have a right to engage in a partial strike. d. Whether the employer is correct depends on state law.