Which of the following is an example of an informal contract?
A. a recognizance
B. a lease
C. a letter of credit
D. a check
Answer: B
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The liability for a dividend is recorded on which of the following dates?
a. the date of record b. the date of payment c. the last day of the fiscal year d. the date of declaration
List the five elements of a firm's macroenvironment, and illustrate how each element affects the firm.
What will be an ideal response?
Which of the following best characterizes "utilitarianism"?
A) The belief that a person must decide what course of action is proper based on that person's own set of beliefs or feelings B) Determining which course of action produces the greatest amount of good for society C) Consultation of an outside source, such as a book or person, for guidance D) The belief that the moral rules should be determined by persons who have a "veil of ignorance" about their place or station in society
Which of the following theories provides that the "injury" occurs when the disease is first diagnosed?
A) Exposure theory B) Double trigger theory C) Manifestation theory D) Retroactive theory