The market rate of interest is affected by a variety of factors, including investors' assessment of current economic conditions
Indicate whether the statement is true or false
True
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On April 1, 2019, Barnes Services received a 6-month note for $15,000 at 9%. Calculate the amount of interest due at maturity. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $608 B) $743 C) $1350 D) $675
The Equal Credit Opportunity Act requires that a credit applicant be notified of a credit decision within 10 days of receipt of the request or application
Indicate whether the statement is true or false
Which of the following is false regarding quality circles?
A. They are a frequent component of continuous improvement programs. B. They provide a way for workers to make suggestions about how to improve productivity and quality. C. They are effective at increasing the quality of work life. D. They are not intended to change the underlying structure of work.
Seth told the salesperson at Outdoor Times that he wanted the sleeping bag that was advertised in the Sunday paper; one that would keep him comfortable if the temperature drops to 10 degrees Fahrenheit. The salesperson told Seth they were sold out of that bag, but there were two other styles that would meet his needs and were the same price. Seth insisted he wanted the advertised bag and
threatened to sue for breach of contract. Which is true? a. Outdoor Times is guilty of "bait and swap.". b. Seth will prevail in his case, as Outdoor Times is responsible for having sufficient stock of advertised items. c. Seth will not prevail, as the advertisement was simply a request for offers. d. Outdoor Times must provide Seth with a raincheck, ensuring he can buy the same bag at the sales price at a later date.