Title and risk of loss can pass to the buyer from the seller before the goods are identified to the contract.?
Indicate whether the statement is true or false
False
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Americans should not worry about all the dollars held by foreigners because
A. most of the currency is reinvested into America. B. taxes are lower as a result. C. interest rates are lower as a result. D. stock prices are higher as a result.
Perception, not reality, drives purchasing behavior
Indicate whether the statement is true or false
An example of good internal controls over cash payments is the taking of all cash discounts offered
Indicate whether the statement is true or false
All of the following are true about insurance companies EXCEPT
A) They invest their reserves. B) They may guarantee to reimburse lenders should lenders' loans go into default. C) They participate in equipment leasing. D) They may only invest their reserves in interest paying bank accounts under Federal law.