Francesca cannot serve as a trustee in a bankruptcy case because she is not a lawyer
a. True
b. False
Indicate whether the statement is true or false
False
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During interviews for medical assistants at the Fairview Medical Center, all the candidates are asked to talk about a situation in the past when they had to empathize with an emotionally unstable person and help that person make rational decisions. This was to test whether the candidates would be able to assist a frantic patient and help him or her make informed decisions. This is known as a(n) ________ interview.
A. physical ability B. behavior description C. exit D. unstructured E. nondirective
Postage, a holder of a $400,000 Stamp Inc. bond, collected the interest due on June 30, 20X8, and then sold the bond to DEF Inc. for $365,000. On that date the bond issuer, Stamp, a 90 percent owner of DEF, had a $450,000 carrying amount for this bond.Based on the information given above, what was the effect of DEF's purchase of Stamp's bond on the noncontrolling interest amount reported in Stamp's June 30, 20X8, consolidated balance sheet?
A. No effect B. $8,500 increase C. $8,500 decrease D. $35,000 increase
A Treasury bond has an 8% annual coupon and a 7.5% yield to maturity. Which of the following statements is CORRECT?
A. The bond has a current yield greater than 8%. B. The bond sells at a discount. C. The bond's required rate of return is less than 7.5%. D. If the yield to maturity remains constant, the price of the bond will decline over time. E. The bond sells at a price below par.
Martinson entered into a contract to purchase a used fax machine from Gruber for $550 . Martinson, who did not sign the agreement, changed his mind and refused to buy the fax machine from Gruber. Can Gruber legally enforce the contract?
a. No; the sale was for less than $600. b. No; Martinson did not sign the contract. c. Yes; Gruber signed the contract. d. Yes; the sale contained all the elements of a contract.