In a noncompete agreement, the term "ancillary" means that

a. both parties must have a stake in the outcome.
b. the agreement is harmless to the general public.
c. the noncompetition agreement must be part of a larger agreement.
d. the noncompetition agreement is unfair to the employee, but not the employer.


c

Business

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On January 2, 2010, Barham Corporation issued ten-year bonds payable with a face value of $400,000 and a face interest rate of 9 percent. The bonds were issued to yield a market interest rate of 10 percent. Interest is payable semi-annually on January 2 and July 1 . In calculating the present value of the bond issue on January 2, 2010,

a. the 9 percent rate will be used to calculate the present value of the face amount and the present value of the periodic interest payments. b. a 5 percent rate will be used to calculate the present value of the face amount and the present value of the periodic interest payments. c. the 10 percent rate will be used to calculate the present value of the face amount and the present value of the periodic interest payments. d. the 10 percent rate will be used to calculate the present value of the face amount and a 5 percent rate will be used to calculate the present value of the periodic interest payments.

Business

What kind of information might a marketer include in a marketing plan to convey an understanding of who the company's customers are and what their specific needs are?

What will be an ideal response?

Business

A graph that depicts the relationships among total variable costs, total fixed costs, number of units and operating income is the

A) Cost graph B) Volume graph C) Cost-volume-profit graph D) Profit-volume graph E) Break-even graph

Business

Unscheduled claims are not dischargeable in bankruptcy

Indicate whether the statement is true or false

Business