The law of one price states that in an efficient market, like products will never have like prices.
Answer the following statement true (T) or false (F)
False
The law of one price suggests that in efficient markets, like products will have like prices.
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Exhibit 13-03 ? On January 1, 2017, Train, Inc accepted an $80,000, non-interest bearing 3 year note in exchange for equipment it sold to Steam Company. Train originally purchased the equipment for $125,000, and it had a book value of $75,000 on the date of the sale. The note was non-interest-bearing. An assumed 11% interest rate is implicit in the agreement. Actual information for 11%, three
periods, follows: ? Present value of 1 0.73119 Present value of annuity of 1 2.44371 ? ? Refer to Exhibit 13-03. What amount would Train record as interest income on December 31, 2017? A) $6,434 B) $8,800 C) $2,366 D) $0
Describe three steps required for an organization to develop and information-centric security strategy
What will be an ideal response?
Family Time Restaurant has a contract with Prime Meats for Prime to deliver 100 pounds of ground sirloin twice a week for the next three months. If, on one delivery, Prime brings 95 pounds of ground chuck instead of 100 pounds of ground sirloin,
A. Family Time may unquestionably reject the non-conforming goods because they vary in both quantity and quality. B. Family Time may reject the non-conforming installment only if it substantially impairs the value of that installment and cannot be cured. C. Prime has no right to cure. D. the perfect tender rule applies.
Organizational behavior research indicates that transformational leaders produce _____ followers, whereas charismatic leaders produce dependent followers.
A. unskilled B. directive C. empowered D. real E. servant