Article 2 uses the common law rule of each state to determine when an offer has been accepted to form a contract
a. True
b. False
Indicate whether the statement is true or false
False
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A weighted average of the values of a random variable, where the probability function provides weights, is known as
a. the probable value. b. the median value. c. the expected value. d. the variance.
A corporation issues a bond that generates the above cash flows. If the periods are of 3-month intervals, which of the following best describes that bond?
0 1 2 3 59 60 +-----+-----+-----+--- . . . -----+-----+ $57.5 $57.5 $57.5 $57.5 $5057.5 A) a 15-year bond with a notional value of $5000 and a coupon rate of 4.6% paid quarterly B) a 15-year bond with a notional value of $5000 and a coupon rate of 1.2% paid annually C) a 30-year bond with a notional value of $5000 and a coupon rate of 3.5% paid semiannually D) a 60-year bond with a notional value of $5000 and a coupon rate of 4.6% paid quarterly
Which of the following is true of alternative dispute resolution (ADR)?
A. Resolution through an ADR system is expensive, as it involves high costs in terms of legal fees. B. ADR is designed to resolve issues internally and does not engage outsiders to enter the discussion. C. ADR relies on the legal system to resolve matters that cannot be handled internally. D. ADR follows a distinct set of actions with a goal of resolving disputes in as few steps as possible. E. ADR is more effective than employee assistance programs in dealing with issues related to drug or alcohol abuse.
Emma, a single taxpayer, obtains permission to change from a calendar year to a fiscal year ending June 30, 2018. During the six months ending June 30, 2018, she earns $40,000 and has $8,000 of itemized deductions. What is the amount of her annualized income?
A) $32,000 B) $28,000 C) $64,000 D) $56,000