A Customs Union represents the most fully developed form of preferential trade agreement among nations
Indicate whether the statement is true or false
FALSE
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Churchill Company planned to raise $100,000 by issuing bonds. The bond certificates were printed bearing an interest rate of 8%, which was equal to the market rate of interest. However, before the bonds could be issued, economic conditions forced the market rate up to 9%. If the life of the bonds is 6 years and interest is paid annually on December 31, how much will Churchill receive from the
sale of the bonds? a. Exactly $100,000 because Churchill Company would still pay interest at the face rate of 8%. b. Less than $100,000 because the market rate of interest at 9% was more than the face rate. c. Greater than $100,000 because the face rate of interest at 8% was less than the market rate. d. The bonds would not be sold at all; Churchill Company would have the certificates reprinted bearing the market rate of 9%.
What should the salesperson focus on to differentiate ShipNow's product from other shipping services?
A) varying shipping speeds available to ShipNow customers B) ShipNow's lower than average prices for equally fast shipping speeds C) ShipNow's Internet tracking of packages through the company Website D) auxiliary products that ShipNow sells, like boxes, envelopes, and packing tape E) the added value the salesperson creates by making the shipping process easy for the customer
Samantha occupies a house on her mother Ruth's farm without paying rent. Either party can terminate this arrangement without notice. This is A) a periodic tenancy
B) a tenancy at sufferance. C) a tenancy at will. D) no tenancy.
An employer may have criminal liability for the acts of his employee
Indicate whether the statement is true or false