Risks ordinarily assumed in business constitute consideration for the modification of a contract
Indicate whether the statement is true or false
F
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There are eight categories listed in the VALS2™ system. List and briefly describe each of the categories. In which of the eight categories of the VALS2™ system would a rich, 60-year-old woman who is open to new ideas belong?
What will be an ideal response?
Which is an example of a Cost incurred in an exchange?
a. loss of self-respect (from the perspective of the "client" of a nonprofit) b. the values received (from the perspective of the "client" of a nonprofit) c. acquiring a new idea (from the perspective of the "client" of a nonprofit) d. the nonprofit acquiring a new volunteer (from the nonprofit's perspective) e. quitting smoking – from the point of view of smoking cessation program
Because a bond's rating serves as an indicator of its default risk, the rating has a direct, measurable influence on the firm's:
A. earnings per share and thus the dividends it pays each year. B. cost of using such debt and thus the bond's interest rate. C. ability to procure raw material for production. D. tax liability to the federal government. E. current assets and the bond's maturity value.
The EOQ model with shortages does not allow backorders
Indicate whether this statement is true or false.