Describe briefly the nature of a swap and its primary component
What will be an ideal response?
A swap is an agreement between two parties. The main part is the contractual obligation to exchange some specified cash flows.
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A full warranty means:
A. it has to cover the whole product and not cover only part of the product. B. the warrantor will fix or replace any defective product free of charge. C. the warrantor is required to fulfill the warranty terms if the problem was caused by damage to the product through unreasonable use. D. it excludes and limits payments for consequential damages.
Neil and Paul formed a partnership. During the year, Neil and Paul withdrew $13,000 and $6,000, respectively. Provide the journal entry to close the withdrawal accounts. Omit explanation.
What will be an ideal response?
The GLED model begins with ______ for the development of global leaders and their expertise, divided among four categories.
Fill in the blank(s) with the appropriate word(s).
Which of the following practices will make a paragraph effective for a reader?
A. Using transitional words and phrases between sentences in the paragraph B. Introducing two or more main ideas in the paragraph C. Providing continuity breaks in the paragraph D. Keeping the middle paragraph shorter than the first and last paragraphs