If a contract requires that performance be rendered directly to a third party, the third party is an incidental beneficiary.

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


False

Business

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Which of the following investments has the highest liquidity risk?

A. Common stock B. Corporate bond C. Treasury bond D. Land E. Mutual fund share

Business

Each year, the majority of new products introduced fail

Indicate whether the statement is true or false

Business

The following information relates to the number of common shares of the Swan Corporation: 140,000 Authorized shares 60,000 Unissued shares 8,000 Treasury shares Calculate the number of outstanding shares from the information given. Show your calculations

Business

The type of form that facilitates the easy separation of the various copies from one another because of a perforated paper strip at the top of the form is the

A. Unit-set form. B. Continuous form. C. OCR form. D. MICR form.

Business