A mortgagee can provide for a power of sale in a mortgage

Indicate whether the statement is true or false


True

Business

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Successful brands have two characteristics: top-of-mind and top-choice

Indicate whether the statement is true or false

Business

The current ratio is

a. used to evaluate a company's liquidity and short-term debt paying ability b. a solvency measure that indicates the margin of safety of a bondholder c. calculated by dividing current liabilities by current assets d. calculated by subtracting current liabilities from current assets

Business

Which is NOT true about Adam Smith?

a. He was a leading advocate of free trade. b. He developed the concept of absolute advantage. c. He maintained that labor costs represent the major determinant of production cost. d. He stated that a favorable trade balance is possible only in the short run, as over time it would automatically be eliminated.

Business

A global company that uses market skimming as a pricing strategy is likely to invite charges of "dumping" by competitors in host-country markets

Indicate whether the statement is true or false

Business