The maximum amount of time that a minor has to disaffirm a contract is:
A) one year from the date of the agreement
B) 30 days from learning of his or her right to disaffirm.
C) the age of majority.
D) a reasonable period of time after reaching the age of majority.
D
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Which type of manufacturing creates a homogeneous product through a continuous series of standard procedures?
Daves Inc. recently hired you as a consultant to estimate the company's WACC. You have obtained the following information. (1) The firm's noncallable bonds mature in 20 years, have an 8.00% annual coupon, a par value of $1,000, and a market price of $1,225.00. (2) The company's tax rate is 40%. (3) The risk-free rate is 4.50%, the market risk premium is 5.50%, and the stock's beta is 1.20. (4) The target capital structure consists of 35% debt and the balance is common equity. The firm uses the CAPM to estimate the cost of equity, and it does not expect to issue any new common stock. What is its WACC? Do not round your intermediate calculations.
A. 8.48% B. 10.01% C. 7.80% D. 6.79% E. 7.63%
Why are religious standards frequently suggested for comparison as ethical standards for individuals and organizations?
Is the United States corporate governance structure more or less responsive to shareholders than most other nations, and why or why not?
What will be an ideal response?