What is a mutual fund in which there are no commission charges to buy or sell and are generally sold directly by the investment company without using a third party such as a brokerage firm?

A) Front-End Load Funds
B) Load Funds
C) Back-End Load Funds
D) Obsolete Funds
E) No-Load Funds


E) No-Load Funds

Business

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On July 18, a firm received from one of its customers, Shane Riche, a written promise to pay the firm $1,200, at 12% interest, on September 16, for merchandise that she had purchased from the firm. Which of the following statements is true?

a. Shane is the payee of the note. b. The firm is the maker of the note. c. The firm is the endorser of the note. d. Shane is the maker of the note. e. The face of the note is $1,200 plus the interest.

Business

A contractor would be liable for ________ if the demolition of a structure with dynamite caused damages to surrounding structures

A)strict liability B)contributory negligence C)criminal wrongdoing D)tortious interference

Business

The point (3, 2) is feasible for the constraint 2x1 + 6x2 ? 30

a. True b. False Indicate whether the statement is true or false

Business

What are the two methods used to prepare the statement of cash flows?

A. Inflow and outflow B. Cash and noncash C. Indirect and direct D. Sources and uses

Business