The longer the maturity of a bond,
A)
the less its price sensitivity.
B)
the lower its coupon rate.
C)
the less its price sensitivity and the lower its coupon rate.
D)
the greater its price sensitivity.
D
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On July 15, Zink Jewels agrees to a contract to sell 4,000 promise rings for $100,000 to Costless Stores, Inc On October 1, after 2,000 rings pair of have been delivered, Zink and Costless modify the agreement to reduce the price of the remaining 1,000 rings to $12 each. During October, Zink Jewels delivers 600 rings. How much revenue will Zink recognize for the month of October?
A) $13,050 B) $7,200 C) $3,300 D) $2,175
According to the Department of Labor, a small to medium-sized enterprise is one that employs fewer than ______ workers.
a. 250 b. 500 c. 750 d. 1,000
If two English multinational companies had a dispute arising in New York City, and there were no choice of law or choice of forum clauses in their contract, it is likely that
A. they would reach an agreement informally and develop an off-the-books settlement. B. a New York court would hear their complaint. C. the dispute would not get heard in court, but rather, in the boardrooms. D. they would bring their dispute to an English court.
The customer of a store who is at the store for purposes of doing business would be classified as
what type of visitor while on the store's premises? A) An invitee B) A licensee C) A trespasser D) A guest