A condition, as used in the law of contracts, is an event that affects a duty of performance under a contract
Indicate whether the statement is true or false
true
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In some states, unfair trade practices acts are designed to ________
A) regulate the markups used by various industries B) control the sale of agricultural products and raw materials C) regulate all forms of psychological pricing D) prohibit the selling of products below cost E) ban the use of price lining
According to the text, indirect procurement can account for as much as what percent of the total purchasing expenditures in companies?
A. 10 to 20 percent B. 50 to 70 percent C. 30 to 45 percent D. over 70 percent
Jackson has a loan that requires a $17,600 lump sum payment at the end of four years. The interest rate on the loan is 5%, compounded annually. How much did Jackson borrow today? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from
the tables provided.) A. $15,884 B. $14,480 C. $11,910 D. $14,080 E. $16,720
Which of the following is not one of the eight basic facts about financial structure?
A) Debt contracts are typically extremely complicated legal documents that place substantial restrictions on the behavior of the borrower. B) Indirect finance, which involves the activities of financial intermediaries, is many times more important than direct finance in which businesses raise funds directly from lenders in financial markets. C) Collateral is a prevalent feature of debt contracts for both households and businesses. D) New security issues is the most important source of external funds to finance businesses.