After a minor reaches the legal age of majority, he or she may disaffirm an executed contract for a luxury made while a minor only if he or she
a. accurately represented his or her age when the item was purchased.
b. acts within a reasonable length of time.
c. disaffirms in writing.
d. returns the luxury item in new or unused condition.
B
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Last year Rosenberg Corp. had $195,000 of assets, $18,775 of net income, and a debt-to-total-assets ratio of 32%. Now suppose the new CFO convinces the president to increase the debt ratio to 48%. Sales and total assets will not be affected, but interest expenses would increase. However, the CFO believes that better cost controls would be sufficient to offset the higher interest expense and thus keep net income unchanged. By how much would the change in the capital structure improve the ROE?
A. 4.36% B. 4.57% C. 4.80% D. 5.04% E. 5.30%
A signature on a negotiable instrument can be any name, word, or mark used in lieu of a written signature
Indicate whether the statement is true or false
The three concepts that form the CIA triad are: confidentiality, integrity, and ____________
Fill in the blanks with correct word
In the general linear programming model of the assignment problem,
a. one agent can do parts of several tasks. b. one task can be done by several agents. c. each agent is assigned to its own best task. d. one agent is assigned to one and only one task.