If a minor does not disaffirm a contract upon reaching the age of majority, the contract is considered as ratified
Indicate whether the statement is true or false
TRUE
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Which of the following statements is true of the Taft-Hartley Act?
A) It increases the power of employees to form unions. B) It bars unions from engaging in specified unfair labor practices. C) It prohibits discrimination by employers in hiring and firing because of union activity. D) It prohibits employer lockouts.
Means by which the securities markets serve to mitigate principal-agent or information asymmetry problems include all of the following EXCEPT:
a. Management realizes that its reputation with investors is valuable, and can be sustained only if accurate information is provided on a timely basis. b. Various market mechanisms exist to discipline a firm's management, and thus to mitigate conflicts of interest between management and shareholders. One of the most powerful is the threat of a hostile takeover of the firm, after which management is fired. c. Exchanges such as the NYSE regularly publish lists of firms that appear to be overvalued because their management is poor.
Unsolicited commercial e-mail (UCE) or unsolicited bulk e-mail (UBE) messages A)are commonly known as "cookies." B)constitute about 90 percent of all e-mail
C)are estimated to be fraudulent either in content or packaging in approximately one-fourth of all cases. D)although annoying, do lower the cost of connecting to the Internet.
A recent study shows that privately held firms use less financial leverage and enjoy lower costs of debt than publicly traded firms
Indicate whether the statement is true or false.