Short-term investors are usually more interested in current income than capital gains
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following statements is FALSE? The federal government could make a new law that
A) sets age 17 as the age you can first get a driver's license in Canada B) puts an extra 5% tax on people who earn more than $300,000 per year C) increases the maximum penalty for terrorism to life in prison with no parole for 30 years D) taxes the import of certain chemicals entering Canada from foreign countries E) requires immigrants to pass a language test before they can become citizens
On February 1st Keith wrote a check for $4,000 to Ohio Construction Company. The check was presented to Keith's bank for payment ten months later, on December 1st. If the bank pays the check, it will be liable to Kyle for all actual and consequential damages
Indicate whether the statement is true or false
At common law, the risk of loss or damage to goods identified under a contract of sale falls upon:
A) the buyer. B) the seller. C) the party who had title or ownership of the goods at the time of the loss or damage. D) the designated party as determined by the court.
Which of the following domestic financial instruments have NOT been modified for use in international financial management?
A) currency options and futures B) interest rate and currency swaps C) letters of credit D) All of the above are domestic financial instruments that have also been modified for use in international financial markets.